Analysis the Asymmetric Effect of Oil's Price and Revenue on Unemployment Rate in Iran Application of Asymmetric Model (NARDL)

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.

ZAROKI SH.; YOUSEFI BARFURUSHI A.; Fathollahzadeh A.H.

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

Journal Paper

Paper Information

Journal: JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN Year:2018 | Volume:7 | Issue:27 Page(s): 23-49

Download Full-Text

Persian Verion

View:

374

Download:

Cites:

Information Journal Paper

Title

Analysis the Asymmetric Effect of Oil's Price and Revenue on Unemployment Rate in Iran Application of Asymmetric Model (NARDL)

Author(s)

ZAROKI SH. | YOUSEFI BARFURUSHI A. | Fathollahzadeh A.H. | Issue Writer Certificate

Keywords

UnemploymentQ2

OilQ2

NARDLQ1

IranQ2

Abstract

In this study, it is attempted to study the role of Oil price and Oil revenue in Unemployment rate in a symmetrical (linear) and asymmetric (nonlinear) model for Iran. For this purpose, seasonal data 2001: 2 to 2017: 4 and ARDL model in linear and nonlinear approach has been used. The results in the linear approach show that the Oil price has inverse effect on Unemployment rate and the Oil revenue has no significant effect. Also, according to the nonlinear approach, in the short run, Oil price and Oil revenue have an asymmetric effect on the Unemployment rate. So that, decreases in the Oil prices has a negative effect on Unemployment rate and the effect of increases in the Oil price is not significant. In terms of Oil revenue, the results show that increases and decreases have a reverse effect on the Unemployment rate. So that, the first, the magnitude of the effect of increases in the Oil income on Unemployment is different from the effect of decreases in the Oil income, and second, the effect of decreases in the Oil income is greater than the effect of increases in the Oil income. The results for Oil price in long-run is similar to short-run, and only decreases in the Oil price have a reverse effect on Unemployment rate. In long-run, the impact of Oil revenue is unlike to short-run and it's negative. So that the first, asymmetric effect of Oil revenue on Unemployment rate is confirmed, and second, unlike to short-run, in the long-run, the magnitude of the effect of increases in the Oil revenue on Unemployment is greater than the effect of decreases in the Oil revenue. CPI in the linear and nonlinear approach has a negative effect on the Unemployment rate in the short-run and long-run.

Cites

No record.

References

No record.

Cite

APA: Copy

ZAROKI, SH., YOUSEFI BARFURUSHI, A., & Fathollahzadeh, A.H.. (2018). Analysis the Asymmetric Effect of Oil's Price and Revenue on Unemployment Rate in Iran Application of Asymmetric Model (NARDL). JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN, 7(27 ), 23-49. SID. https://sid.ir/paper/405024/en

Vancouver: Copy

ZAROKI SH., YOUSEFI BARFURUSHI A., Fathollahzadeh A.H.. Analysis the Asymmetric Effect of Oil's Price and Revenue on Unemployment Rate in Iran Application of Asymmetric Model (NARDL). JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN[Internet]. 2018;7(27 ):23-49. Available from: https://sid.ir/paper/405024/en

IEEE: Copy

SH. ZAROKI, A. YOUSEFI BARFURUSHI, and A.H. Fathollahzadeh, “Analysis the Asymmetric Effect of Oil's Price and Revenue on Unemployment Rate in Iran Application of Asymmetric Model (NARDL),” JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN, vol. 7, no. 27 , pp. 23–49, 2018, [Online]. Available: https://sid.ir/paper/405024/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops