THE EFFECT OF AN UNCERTAIN CAPITAL RETURN ON ECONOMIC GROWTH; A CASE STUDY OF IRAN

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

ESNAASHARI ABOLGHASEM; POURKAZEMI MOHAMMAD HOSSEIN; ABOLHASANI HASTIANI ASGHAR; LOTFI MAZRAESHAHI AHMAD

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

Journal Paper

Paper Information

Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2013 | Volume:3 | Issue:12 Page(s): 75-88

Download Full-Text

Persian Verion

View:

932

Download:

Cites:

Information Journal Paper

Title

THE EFFECT OF AN UNCERTAIN CAPITAL RETURN ON ECONOMIC GROWTH; A CASE STUDY OF IRAN

Author(s)

ESNAASHARI ABOLGHASEM | POURKAZEMI MOHAMMAD HOSSEIN | ABOLHASANI HASTIANI ASGHAR | LOTFI MAZRAESHAHI AHMAD | Issue Writer Certificate

Keywords

UNCERTAINTYQ2

RATE OF RETURN ON CAPITALQ2

ECONOMIC GROWTHQ2

EGARCH MODELQ2

IRANQ2

Abstract

The internal saving in a country, is the most important source for financing and ECONOMIC GROWTH. These savings are confronted with risk of a volatile rate of return to capital. The UNCERTAINTY in the RATE OF RETURN ON CAPITAL may lead to distorted economic decisions by the savers, consumers and investors. Depending on the pattern of these behaviors we may observe deviations in the rate of ECONOMIC GROWTH. This study attempts to estimate the rate of ECONOMIC GROWTH with UNCERTAINTY in the RATE OF RETURN ON CAPITAL using standard Brownian motion and the optimized random control to compare it with the planned rate of ECONOMIC GROWTH. The findings indicate that; if the risk-aversion coefficient is less than one, the average long-term rate of ECONOMIC GROWTH will be less than the planned growth rate. Further, using the data on IRANian economy for the period 1974-2011, first, a dynamic model, based on SDE, was simulated for GDP by rate of growth %3.85, then, the relationship between capital return volatility (using the EGARCH MODEL) and the rate of ECONOMIC GROWTH was analyzed. The results are indicative of a negative relationship between growth rate and the fluctuations in the RATE OF RETURN ON CAPITAL.

Cites

INVESTIGATION THE IMPACT OF EXCHANGE RATE UNCERTAINTY ON ECONOMIC GROWTH IN IRAN BY NEURAL NETWORKS

References

Cite

APA: Copy

ESNAASHARI, ABOLGHASEM, POURKAZEMI, MOHAMMAD HOSSEIN, ABOLHASANI HASTIANI, ASGHAR, & LOTFI MAZRAESHAHI, AHMAD. (2013). THE EFFECT OF AN UNCERTAIN CAPITAL RETURN ON ECONOMIC GROWTH; A CASE STUDY OF IRAN. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 3(12), 75-88. SID. https://sid.ir/paper/192125/en

Vancouver: Copy

ESNAASHARI ABOLGHASEM, POURKAZEMI MOHAMMAD HOSSEIN, ABOLHASANI HASTIANI ASGHAR, LOTFI MAZRAESHAHI AHMAD. THE EFFECT OF AN UNCERTAIN CAPITAL RETURN ON ECONOMIC GROWTH; A CASE STUDY OF IRAN. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2013;3(12):75-88. Available from: https://sid.ir/paper/192125/en

IEEE: Copy

ABOLGHASEM ESNAASHARI, MOHAMMAD HOSSEIN POURKAZEMI, ASGHAR ABOLHASANI HASTIANI, and AHMAD LOTFI MAZRAESHAHI, “THE EFFECT OF AN UNCERTAIN CAPITAL RETURN ON ECONOMIC GROWTH; A CASE STUDY OF IRAN,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 3, no. 12, pp. 75–88, 2013, [Online]. Available: https://sid.ir/paper/192125/en

Related Journal Papers