THE EVALUATION OF GOVERNMENT SIZE AND ITS RELATION TO THE GROWTH OF ECONOMY: A CASE STUDY OF IRAN’S 2020 VISION COMPETITORS (2003-2013)

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MEHNATFAR UOSEF; RAHIMI SEYYEDEH NEDA

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Journal: JOURNAL OF THE MARCO AND STRATEGIC POLICIES Year:2016 | Volume:4 | Issue:14 Page(s): 49-65

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Title

THE EVALUATION OF GOVERNMENT SIZE AND ITS RELATION TO THE GROWTH OF ECONOMY: A CASE STUDY OF IRAN’S 2020 VISION COMPETITORS (2003-2013)

Author(s)

MEHNATFAR UOSEF | RAHIMI SEYYEDEH NEDA | Issue Writer Certificate

Keywords

THE SIZE OF GOVERNMENTQ2

ECONOMIC GROWTHQ2

MODEL OF PANEL DATAQ2

OUTLOOK REGIONALQ2

Abstract

The present study examines the practical relations between government size and ECONOMIC GROWTH outlook for 23 regional countries over a period of 10 years (2003-2013) utilizing Panel Data Model for this purpose. The findings indicate that for those countries enjoy high levels of oil revenues, government size has a significant, negative impact on investment by private sector and also on gross domestic product. On the other hand, increase in labor force, increase in capital growth and an increase in exports leave a positive effect on ECONOMIC GROWTH. The mentioned countries, therefore, have to reconsider government size in order to be able to decrease their expenses in order to facilitate ECONOMIC GROWTH. To facilitate ECONOMIC GROWTH further, these countries have to play a prominent role in optimizing the allocation of revenues while enhancing economic efficiency.

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APA: Copy

MEHNATFAR, UOSEF, & RAHIMI, SEYYEDEH NEDA. (2016). THE EVALUATION OF GOVERNMENT SIZE AND ITS RELATION TO THE GROWTH OF ECONOMY: A CASE STUDY OF IRAN’S 2020 VISION COMPETITORS (2003-2013). JOURNAL OF THE MARCO AND STRATEGIC POLICIES, 4(14), 49-65. SID. https://sid.ir/paper/244370/en

Vancouver: Copy

MEHNATFAR UOSEF, RAHIMI SEYYEDEH NEDA. THE EVALUATION OF GOVERNMENT SIZE AND ITS RELATION TO THE GROWTH OF ECONOMY: A CASE STUDY OF IRAN’S 2020 VISION COMPETITORS (2003-2013). JOURNAL OF THE MARCO AND STRATEGIC POLICIES[Internet]. 2016;4(14):49-65. Available from: https://sid.ir/paper/244370/en

IEEE: Copy

UOSEF MEHNATFAR, and SEYYEDEH NEDA RAHIMI, “THE EVALUATION OF GOVERNMENT SIZE AND ITS RELATION TO THE GROWTH OF ECONOMY: A CASE STUDY OF IRAN’S 2020 VISION COMPETITORS (2003-2013),” JOURNAL OF THE MARCO AND STRATEGIC POLICIES, vol. 4, no. 14, pp. 49–65, 2016, [Online]. Available: https://sid.ir/paper/244370/en

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