The Effects of Fiscal Policy on Economic Growth in the Iranian Economy: The State-Space Models

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.

Khodaei Mehdi; JAFARI MOHAMMAD; FATTAHI SHAHRAM

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:2018 | Volume:8 | Issue:31 Page(s): 79-92

Download Full-Text

Persian Verion

View:

2,018

Download:

Cites:

Information Journal Paper

Title

The Effects of Fiscal Policy on Economic Growth in the Iranian Economy: The State-Space Models

Author(s)

Khodaei Mehdi | JAFARI MOHAMMAD | FATTAHI SHAHRAM | Issue Writer Certificate

Keywords

Financial PoliciesQ2

Economic GrowthQ2

Space-State ModelsQ1

Abstract

Macro-economic relationship between fiscal policy and Economic Growth has long been considered by economists. In this study to evaluate the more accurate effect of the government's fiscal policy in the economy, using quarterly data for the years 1988 to 2016, a factoraugmented vector autoregressive (FAVAR) model with time varying parameter model (TVP) in Iran's economy has been modeling. The variables of GDP growth, investment growth, inflation, exchange rates, the growth of private consumption expenditure and latent variable of government fiscal policies are used in model. Based on results the effects of fiscal policy on Economic Growth in the whole period is positive and investment increased the rate of Economic Growth. Also the additive positive effects of fiscal policy on the unofficial exchange rate has increased over time. In addition, the effect of fiscal policy on inflation is positive, so that the additive effect in economic prosperity period is more. Finally, the effect of fiscal policy on private sector spending is negative. Results of this study show changes in relationships between variables over time and also indicate that economic conditions of the country affects the impacts of independent variables.

Cites

No record.

References

No record.

Cite

APA: Copy

Khodaei, Mehdi, JAFARI, MOHAMMAD, & FATTAHI, SHAHRAM. (2018). The Effects of Fiscal Policy on Economic Growth in the Iranian Economy: The State-Space Models. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 8(31 ), 79-92. SID. https://sid.ir/paper/192204/en

Vancouver: Copy

Khodaei Mehdi, JAFARI MOHAMMAD, FATTAHI SHAHRAM. The Effects of Fiscal Policy on Economic Growth in the Iranian Economy: The State-Space Models. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2018;8(31 ):79-92. Available from: https://sid.ir/paper/192204/en

IEEE: Copy

Mehdi Khodaei, MOHAMMAD JAFARI, and SHAHRAM FATTAHI, “The Effects of Fiscal Policy on Economic Growth in the Iranian Economy: The State-Space Models,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 8, no. 31 , pp. 79–92, 2018, [Online]. Available: https://sid.ir/paper/192204/en

Related Journal Papers