Studying and Comparing the Economic Growth Thresholds in Okun's and Verdoorn's Law; Application of the PSTR Model for Iranian Provinces

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.

KHANZADI AZAD; HEIDARIAN MARYAM

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

Journal Paper

Paper Information

Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2019 | Volume:9 | Issue:35 Page(s): 103-120

Download Full-Text

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

Persian Verion

View:

413

Download:

Cites:

Information Journal Paper

Title

Studying and Comparing the Economic Growth Thresholds in Okun's and Verdoorn's Law; Application of the PSTR Model for Iranian Provinces

Author(s)

KHANZADI AZAD | HEIDARIAN MARYAM | Issue Writer Certificate

Keywords

Economic GrowthQ2

Okun's LawQ2

Verdoorn's LawQ1

Panel Smooth Transition RegressionQ1

Abstract

In macroeconomics, the Okun's Law and Verdoorn's Law are used as methods for studying the relationship between Economic Growth and unemployment and employment. The necessity of studying these two laws together, in a threshold econometric model and considering to regional and spatial conditions of variables, can have more effective results in labor market policies. Therefore, in this study, due to the importance of employment and unemployment issue in Iran, have been investigated Economic Growth thresholds in the Okun's and Verdoorn's Law, using Panel Smooth Transition Regression and considering to spatial dimensions of variables. The results of model estimation for 30 Iranian provinces during the period of 2005-2017 show that unemployment response to changes in production growth was higher than employment. In addition, results indicate the impact of regional labor markets and macroeconomic situation and uneven development in each region, which has led to overflow in other areas. Of course, these effects, with crossed of threshold and entering second regime, have led to improvement in the labor market to increase employment and reduce unemployment, but effects of Economic Growth have been more on reducing unemployment than employment growth.

Cites

No record.

References

No record.

Cite

APA: Copy

KHANZADI, AZAD, & HEIDARIAN, MARYAM. (2019). Studying and Comparing the Economic Growth Thresholds in Okun's and Verdoorn's Law; Application of the PSTR Model for Iranian Provinces. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 9(35 ), 103-120. SID. https://sid.ir/paper/192287/en

Vancouver: Copy

KHANZADI AZAD, HEIDARIAN MARYAM. Studying and Comparing the Economic Growth Thresholds in Okun's and Verdoorn's Law; Application of the PSTR Model for Iranian Provinces. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2019;9(35 ):103-120. Available from: https://sid.ir/paper/192287/en

IEEE: Copy

AZAD KHANZADI, and MARYAM HEIDARIAN, “Studying and Comparing the Economic Growth Thresholds in Okun's and Verdoorn's Law; Application of the PSTR Model for Iranian Provinces,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 9, no. 35 , pp. 103–120, 2019, [Online]. Available: https://sid.ir/paper/192287/en

Related Journal Papers