THE IMPACT OF INTEREST RATE CEILING ON INVESTMENT IN IRAN

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EHSANI MOHAMMAD ALI; KHATIBI YASER

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Paper Information

Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2012 | Volume:2 | Issue:8 Page(s): 69-82

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Information Journal Paper

Title

THE IMPACT OF INTEREST RATE CEILING ON INVESTMENT IN IRAN

Author(s)

EHSANI MOHAMMAD ALI | KHATIBI YASER | Issue Writer Certificate

Keywords

MCKINNON-SHAW HYPOTHESISQ2

CEILING INTEREST RATEQ2

INVESTMENTQ2

SIMULTANEOUS EQUATIONSQ2

SAVING FUNCTIONQ2

Abstract

Capital accumulation is a key factor in economic growth and interest rate is a policy instrument in capital accumulation. In Iran economy, government imposes interest rate ceiling in fevored sectors. In this paper, a system of equations including saving and INVESTMENT function are regressed via (3SLS). We conclude that an increase in interest rate increase INVESTMENT and then mckinnonshaw hypothesis is not rejected.

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APA: Copy

EHSANI, MOHAMMAD ALI, & KHATIBI, YASER. (2012). THE IMPACT OF INTEREST RATE CEILING ON INVESTMENT IN IRAN. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 2(8), 69-82. SID. https://sid.ir/paper/192181/en

Vancouver: Copy

EHSANI MOHAMMAD ALI, KHATIBI YASER. THE IMPACT OF INTEREST RATE CEILING ON INVESTMENT IN IRAN. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2012;2(8):69-82. Available from: https://sid.ir/paper/192181/en

IEEE: Copy

MOHAMMAD ALI EHSANI, and YASER KHATIBI, “THE IMPACT OF INTEREST RATE CEILING ON INVESTMENT IN IRAN,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 2, no. 8, pp. 69–82, 2012, [Online]. Available: https://sid.ir/paper/192181/en

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