THE EFFECT OF FINANCIAL MARKET DEVELOPMENT ON ECONOMIC GROWTH IN IRAN: 1966-2007

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; HEYDARIPOUR S.M.

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

Journal Paper

Paper Information

Journal: ECONOMIC RESEARCH REVIEW Year:2009 | Volume:10 | Issue:3 (34) Page(s): 43-63

Download Full-Text

Persian Verion

View:

1,883

Download:

Cites:

Information Journal Paper

Title

THE EFFECT OF FINANCIAL MARKET DEVELOPMENT ON ECONOMIC GROWTH IN IRAN: 1966-2007

Author(s)

AKBARIAN REZA | HEYDARIPOUR S.M. | Issue Writer Certificate

Keywords

Not Registered.

Abstract

The aim of this paper is to investigate the effect of financial market development on economic growth in the context of the Iranian economy in short and long-run over the period 1966-2007. Two financial developments indices (rate of financial saving to GDP and rate of domestic credit to GDP), has been used in two separate econometric models "Auto- Regressive Distributed Lag (ARDL)" in order to investigates the effects of financial market development on the economic growth. In order to explain the private sector behavior, the rate of claims on private sector to domestic credit has been used as an independent variable. The empirical results in two models suggest that in the short and long run, the financial development has negative effect on economic growth. This result supports the opinion about negative effect of financial development on economic growth in developing countries with a weak control on loans. In both models the influence of openness on economic growth is positive. The results also show the economic adjustment policies had negative effect on economic growth.

Cites

THE ROLE OF FACILITIES OFFERED BY BANKS IN SPATIAL DEVELOPMENT (THE CASE OF CITY CENTERS IN THE PROVINCE OF ILAM)

References

Cite

APA: Copy

AKBARIAN, REZA, & HEYDARIPOUR, S.M.. (2009). THE EFFECT OF FINANCIAL MARKET DEVELOPMENT ON ECONOMIC GROWTH IN IRAN: 1966-2007. ECONOMIC RESEARCH REVIEW, 10(3 (34)), 43-63. SID. https://sid.ir/paper/67291/en

Vancouver: Copy

AKBARIAN REZA, HEYDARIPOUR S.M.. THE EFFECT OF FINANCIAL MARKET DEVELOPMENT ON ECONOMIC GROWTH IN IRAN: 1966-2007. ECONOMIC RESEARCH REVIEW[Internet]. 2009;10(3 (34)):43-63. Available from: https://sid.ir/paper/67291/en

IEEE: Copy

REZA AKBARIAN, and S.M. HEYDARIPOUR, “THE EFFECT OF FINANCIAL MARKET DEVELOPMENT ON ECONOMIC GROWTH IN IRAN: 1966-2007,” ECONOMIC RESEARCH REVIEW, vol. 10, no. 3 (34), pp. 43–63, 2009, [Online]. Available: https://sid.ir/paper/67291/en

Related Journal Papers