IRAN JOINING WTO AND ITS EFFECTS ON THE IMPORT OF CAPITAL- INTERMEDIATE COMMODITIES

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AZIZNEJAD SAMAD; TARI FATHOLLAH; SEYDNOURANI SEYED MOHAMMAD REZA

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Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2011 | Volume:1 | Issue:3 Page(s): 99-134

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Information Journal Paper

Title

IRAN JOINING WTO AND ITS EFFECTS ON THE IMPORT OF CAPITAL- INTERMEDIATE COMMODITIES

Author(s)

AZIZNEJAD SAMAD | TARI FATHOLLAH | SEYDNOURANI SEYED MOHAMMAD REZA | Issue Writer Certificate

Keywords

GLOBALIZATIONQ3

WORLD TRADE ORGANIZATIONQ3

INTERNATIONAL COMMERCEQ2

ECONOMIC INTEGRATION AND TARIFF RATESQ2

Abstract

Import, which is the basis for significant effects on economics, is influenced by various factors that are essential to be recognized and examined. One of the issues that can influence the demand for import in each country is joining the WORLD TRADE ORGANIZATION (WTO) which can, in fact, affect the demand for import through strategies such as decreasing tariff rates and increasing the extent of mergers in INTERNATIONAL COMMERCE and relative prices (domestic and foreign prices). In this regard, and considering the high proportion of capital and intermediate commodities in the total import of the country, this article evaluates the effects of Iran joining WTO on the import of capital-intermediate commodities, using Vector AutoRegressive method using the data during 1971-2008. The findings of the study reveal that at long term, the import of such commodities has had high sensitivity towards INTERNATIONAL COMMERCE and merger in international economies and little sensitivity towards tariff rates and relative prices during the above-mentioned period. The findings of both long-term and short-term periods confirm each other.Also the impulse response function and variance decomposition analyses show that the effect of one standard error which shocks involvement in import demand of studied goods, is approached to zero in three years and integration of international trade is most effective on variations of that demand.

Cites

THE ANALYSIS OF THE DEMAND FUNCTION OF IMPORT IN IRANIAN ECONOMY FOR THE PERIOD, 1353-86

References

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APA: Copy

AZIZNEJAD, SAMAD, TARI, FATHOLLAH, & SEYDNOURANI, SEYED MOHAMMAD REZA. (2011). IRAN JOINING WTO AND ITS EFFECTS ON THE IMPORT OF CAPITAL- INTERMEDIATE COMMODITIES. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 1(3), 99-134. SID. https://sid.ir/paper/400101/en

Vancouver: Copy

AZIZNEJAD SAMAD, TARI FATHOLLAH, SEYDNOURANI SEYED MOHAMMAD REZA. IRAN JOINING WTO AND ITS EFFECTS ON THE IMPORT OF CAPITAL- INTERMEDIATE COMMODITIES. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2011;1(3):99-134. Available from: https://sid.ir/paper/400101/en

IEEE: Copy

SAMAD AZIZNEJAD, FATHOLLAH TARI, and SEYED MOHAMMAD REZA SEYDNOURANI, “IRAN JOINING WTO AND ITS EFFECTS ON THE IMPORT OF CAPITAL- INTERMEDIATE COMMODITIES,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 1, no. 3, pp. 99–134, 2011, [Online]. Available: https://sid.ir/paper/400101/en

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