PER CAPITA INCOME DYNAMICS IN IRANIAN ECONOMY

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RANJBAR OMID; ELMI ZAHRA (MILA)

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Paper Information

Journal: Journal of Economic Studies and Policies Year:2014 | Volume:9 (19) | Issue:2 (99) Page(s): 147-162

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Information Journal Paper

Title

PER CAPITA INCOME DYNAMICS IN IRANIAN ECONOMY

Author(s)

RANJBAR OMID | ELMI ZAHRA (MILA) | Issue Writer Certificate

Keywords

THE ECONOMIC GROWTH OF IRANQ2

CARRION ET AL UNIT ROOT TEST (2005)Q2

STRUCTURAL BREAKSQ2

FORECASTINGQ2

Abstract

In this paper, we analysis the dynamics of per capita income by using Carrion -i- Silvestre et al. (2005) stationary test over the period 1950-2008. We use the Madison historical data. The Results show that Iran economy experienced a golden period over 1955- 1976, and if this trend had been continued, Iran could be in high per capita income club countries. Because of economic policies after first oil shock, political- social changes in the1970s, the 1980-88 war with Iraq, economic sanctions and the oil price collapse in the year 1986, the GDP per Capita in Iran has fallen so much that if the Iranian economy were growing at an average rate of 4% a year (economic growth in the 2000s), there would be a gap of 19 years between GDP per capita in 2008 and its forecast for this year.

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References

ECONOMIC CONVERGENCE WITHIN THE MENA COUNTRIES: NEW FINDINGS

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APA: Copy

RANJBAR, OMID, & ELMI, ZAHRA (MILA). (2014). PER CAPITA INCOME DYNAMICS IN IRANIAN ECONOMY. JOURNAL OF ECONOMIC STUDIES AND POLICIES, 9 (19)(2 (99)), 147-162. SID. https://sid.ir/paper/219041/en

Vancouver: Copy

RANJBAR OMID, ELMI ZAHRA (MILA). PER CAPITA INCOME DYNAMICS IN IRANIAN ECONOMY. JOURNAL OF ECONOMIC STUDIES AND POLICIES[Internet]. 2014;9 (19)(2 (99)):147-162. Available from: https://sid.ir/paper/219041/en

IEEE: Copy

OMID RANJBAR, and ZAHRA (MILA) ELMI, “PER CAPITA INCOME DYNAMICS IN IRANIAN ECONOMY,” JOURNAL OF ECONOMIC STUDIES AND POLICIES, vol. 9 (19), no. 2 (99), pp. 147–162, 2014, [Online]. Available: https://sid.ir/paper/219041/en

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