EFFECTS OF SELECTED CULTURAL INDICATORS ON ECONOMIC GROWTH OF IRAN (ARDL APPROACH)

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FADAEE MAHDI; NAYERI SOMAYEH

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Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2011 | Volume:1 | Issue:1 Page(s): 133-159

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Title

EFFECTS OF SELECTED CULTURAL INDICATORS ON ECONOMIC GROWTH OF IRAN (ARDL APPROACH)

Author(s)

FADAEE MAHDI | NAYERI SOMAYEH | Issue Writer Certificate

Keywords

CULTURAL DEVELOPMENTQ3

CAPITALQ2

ARDLQ2

ECONOMIC GROWTHQ2

IRANQ2

Abstract

In ECONOMIC GROWTH and development analysis, cultural change has a special situation. Cultural indicators can affect on production factors and ECONOMIC GROWTH endogenously and exogenously. Nowadays, in economic literature CAPITAL divided to: Physical, Human, Cultural, Social and Natural CAPITAL. In this research, first, we survey cultural indicators, and then point to production factors especially on CAPITAL and theatrically factors and GDP. In this research we used Auto Regressive Distributed Lag (ARDL) model to analyze short and long run relations between variables and then test the stability of model by CUSUM and CUSUMQ. Error Correction model (ECM) model is used to show how the short run shocks justify in next periods. Findings show that the model was stable and cultural indicators during 1975-2005 had significant and positive effect on ECONOMIC GROWTH of IRAN.

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APA: Copy

FADAEE, MAHDI, & NAYERI, SOMAYEH. (2011). EFFECTS OF SELECTED CULTURAL INDICATORS ON ECONOMIC GROWTH OF IRAN (ARDL APPROACH). JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 1(1), 133-159. SID. https://sid.ir/paper/192112/en

Vancouver: Copy

FADAEE MAHDI, NAYERI SOMAYEH. EFFECTS OF SELECTED CULTURAL INDICATORS ON ECONOMIC GROWTH OF IRAN (ARDL APPROACH). JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2011;1(1):133-159. Available from: https://sid.ir/paper/192112/en

IEEE: Copy

MAHDI FADAEE, and SOMAYEH NAYERI, “EFFECTS OF SELECTED CULTURAL INDICATORS ON ECONOMIC GROWTH OF IRAN (ARDL APPROACH),” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 1, no. 1, pp. 133–159, 2011, [Online]. Available: https://sid.ir/paper/192112/en

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