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Information Journal Paper

Title

THE EFFECTS OF ADJUSTMENT OF ENERGY CARRIER PRICES ON IRAN’S ECONOMY

Pages

  51-64

Abstract

 Subsidy with distortion of prices prevents optimal allocation of resources and decrease economic growth and on the other hand has an irreparable effects on country economic sectors, Thus by determining the trend of macroeconomic variables (production changes, price changes, etc.), economic policymakers become closer to economic goals. In this study, using 65 parts input– output table (2013 table) that modified and updated according to the (RAS) 65 parts input– output table in 2006), the impact of increasing in PRICE OF ENERGY CARRIERS (gasoline, kerosene, gas oil, fuel oil, liquid gas, electricity and natural gas) in first (2010) and second (2014) phases of subsidy reform have been investigated on the growth rate of economic sectors. The results showed that the average growth rate of transportation (-16.13%) and industries and mines (-17.37%) decreased and this is due to high dependence on energy, followed by an average high relative price of 2.25 and 1.53 percent, respectively. The average growth rate of agricultural sectors increased (8.45%) and this is due to low dependence on energy carriers followed by the average of low relative price (0.8028). Also coal production had the lowest growth rate, which can be concluded that energy carriers is replaced by coal.

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  • Cite

    APA: Copy

    ESKANDARI, MOSTAFA, NASIRI AGHDAM, ALI, MOHAMMADI, HAMID, & MIRZAEI, HAMIDREZA. (2017). THE EFFECTS OF ADJUSTMENT OF ENERGY CARRIER PRICES ON IRAN’S ECONOMY. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 7(25 ), 51-64. SID. https://sid.ir/paper/192115/en

    Vancouver: Copy

    ESKANDARI MOSTAFA, NASIRI AGHDAM ALI, MOHAMMADI HAMID, MIRZAEI HAMIDREZA. THE EFFECTS OF ADJUSTMENT OF ENERGY CARRIER PRICES ON IRAN’S ECONOMY. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2017;7(25 ):51-64. Available from: https://sid.ir/paper/192115/en

    IEEE: Copy

    MOSTAFA ESKANDARI, ALI NASIRI AGHDAM, HAMID MOHAMMADI, and HAMIDREZA MIRZAEI, “THE EFFECTS OF ADJUSTMENT OF ENERGY CARRIER PRICES ON IRAN’S ECONOMY,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 7, no. 25 , pp. 51–64, 2017, [Online]. Available: https://sid.ir/paper/192115/en

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