DYNAMIC FACTOR DEMAND ANALYSIS IN THE IRANIAN MANUFACTURING INDUSTRIES

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SHAKERI ABOOZAR; SHARIFI ALIMORAD

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Journal: Journal of Economic Research Year:2013 | Volume:48 | Issue:3 Page(s): 31-50

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Title

DYNAMIC FACTOR DEMAND ANALYSIS IN THE IRANIAN MANUFACTURING INDUSTRIES

Author(s)

SHAKERI ABOOZAR | SHARIFI ALIMORAD | Issue Writer Certificate

Keywords

ENERGYQ2

FACTOR DEMAND MODELSQ2

GENERALIZED LEONTIEFQ2

INFERIOR INPUTQ2

IRANIAN MANUFACTURING INDUSTRIESQ2

PANEL DATAQ2

Abstract

Factor demand behavior such as ENERGY demand has an important role in the economic analysis. This issue is a major concern in the developing countries (e.g. Iran) which are benefited from vast ENERGY resources. In this paper, the third generation of FACTOR DEMAND MODELS is used to analyze the behavior of capital adjustment in the IRANIAN MANUFACTURING INDUSTRIES. The dataset covers the two-digit International Standard of Industrial Classification (ISIC) during 1995-2007. The GENERALIZED LEONTIEF functional form has been chosen as an empirical model and estimated by Full Information Maximum Likelihood (FIML) method. The findings indicate that capital, electricity, and other ENERGY carriers are complements in the manufacturing industries and the speed of adjustment for capital input is very low. Also, labor is an INFERIOR INPUT in the IRANIAN MANUFACTURING INDUSTRIES.

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APA: Copy

SHAKERI, ABOOZAR, & SHARIFI, ALIMORAD. (2013). DYNAMIC FACTOR DEMAND ANALYSIS IN THE IRANIAN MANUFACTURING INDUSTRIES. TAHGHIGHAT-E-EGHTESADI, 48(3), 31-50. SID. https://sid.ir/paper/11977/en

Vancouver: Copy

SHAKERI ABOOZAR, SHARIFI ALIMORAD. DYNAMIC FACTOR DEMAND ANALYSIS IN THE IRANIAN MANUFACTURING INDUSTRIES. TAHGHIGHAT-E-EGHTESADI[Internet]. 2013;48(3):31-50. Available from: https://sid.ir/paper/11977/en

IEEE: Copy

ABOOZAR SHAKERI, and ALIMORAD SHARIFI, “DYNAMIC FACTOR DEMAND ANALYSIS IN THE IRANIAN MANUFACTURING INDUSTRIES,” TAHGHIGHAT-E-EGHTESADI, vol. 48, no. 3, pp. 31–50, 2013, [Online]. Available: https://sid.ir/paper/11977/en

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