Terms of Trade Effect on Economic Growth in Iran: Markov Switching Model

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.

AKBARIAN REZA; SAJEDIANFARD NAJMEH

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

Journal Paper

Paper Information

Journal: Journal of Quantitative Economics Year:2018 | Volume:15 | Issue:1 Page(s): 109-145

Download Full-Text

Persian Verion

View:

379

Download:

Cites:

Information Journal Paper

Title

Terms of Trade Effect on Economic Growth in Iran: Markov Switching Model

Author(s)

AKBARIAN REZA | SAJEDIANFARD NAJMEH | Issue Writer Certificate

Keywords

Terms of tradeQ3

economics growthQ2

Markov switching modelQ1

Abstract

Effect of Terms of trade as a variable in balance of payments adjustment and long run growth, has been considered since a long time ago. Hence, main purpose of this article in analyzing behavior of economic growth and Terms of trade effect on it in Iran's economy by using quarterly data in period 1990: 2-2014: 3. For this reason, a regression pattern is designed and then one time is analyzed by Markov switching model with Fixed Transition Probability and another time by Markov switching model with Time Varying Transition Probability. Generally the result of estimation represent that Terms of trade changes has a positive but very low impact on Iran economic growth which can be ignored. So, the behavior of economic growth in Iran is not affected by the behavior of Terms of trade. What's more, among all the considered variables, the effect of real oil price is significant. In addition to this, the effective real exchange rate is the effective variable on switching regimes. Furthermore, estimation by Markov switching model with Fixed Transition Probability is more compatible with Iran's economy.

Cites

No record.

References

No record.

Cite

APA: Copy

AKBARIAN, REZA, & SAJEDIANFARD, NAJMEH. (2018). Terms of Trade Effect on Economic Growth in Iran: Markov Switching Model. JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), 15(1 ), 109-145. SID. https://sid.ir/paper/381267/en

Vancouver: Copy

AKBARIAN REZA, SAJEDIANFARD NAJMEH. Terms of Trade Effect on Economic Growth in Iran: Markov Switching Model. JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW)[Internet]. 2018;15(1 ):109-145. Available from: https://sid.ir/paper/381267/en

IEEE: Copy

REZA AKBARIAN, and NAJMEH SAJEDIANFARD, “Terms of Trade Effect on Economic Growth in Iran: Markov Switching Model,” JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), vol. 15, no. 1 , pp. 109–145, 2018, [Online]. Available: https://sid.ir/paper/381267/en

Related Journal Papers