A STUDY IN THE RELATIONSHIP BETWEEN OPENNESS AND ECONOMIC GROWTH IN IRAN: CO-INTEGRATION ANALYSIS

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KARBASI ALI REZA; PIRI MAHDI

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Journal: KNOWLEDGE AND DEVELOPMENT Year:2009 | Volume:16 | Issue:27 Page(s): 145-160

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Title

A STUDY IN THE RELATIONSHIP BETWEEN OPENNESS AND ECONOMIC GROWTH IN IRAN: CO-INTEGRATION ANALYSIS

Author(s)

KARBASI ALI REZA | PIRI MAHDI | Issue Writer Certificate

Keywords

ECONOMIC GROWTHQ3

OPENNESSQ3

CO-INTEGRATIONQ3

ARDL MODELQ3

Abstract

Openness index is an issue that considered by many economists, decision and policy makers in most countries. In this paper the relationship between OPENNESS and ECONOMIC GROWTH in Iran with using of indigenous growth model as well as, time series data over 1971-2004 is investigated. For this purpose, we used Auto Regressive Distributed Lag Model (ARDL) and long-run and short-run relations between involved variables in model are considered. Results indicated that, there was long-run relationship and CO-INTEGRATION between involved variables and Gross Domestic Production variable. Furthermore, accompanied by other variables OPENNESS as a new variable, had a positive and significant effect on dependent variable. With regard to these findings, we are able to point that the growth of OPENNESS index will improve the ECONOMIC GROWTH.

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APA: Copy

KARBASI, ALI REZA, & PIRI, MAHDI. (2009). A STUDY IN THE RELATIONSHIP BETWEEN OPENNESS AND ECONOMIC GROWTH IN IRAN: CO-INTEGRATION ANALYSIS. KNOWLEDGE AND DEVELOPMENT, 16(27), 145-160. SID. https://sid.ir/paper/75701/en

Vancouver: Copy

KARBASI ALI REZA, PIRI MAHDI. A STUDY IN THE RELATIONSHIP BETWEEN OPENNESS AND ECONOMIC GROWTH IN IRAN: CO-INTEGRATION ANALYSIS. KNOWLEDGE AND DEVELOPMENT[Internet]. 2009;16(27):145-160. Available from: https://sid.ir/paper/75701/en

IEEE: Copy

ALI REZA KARBASI, and MAHDI PIRI, “A STUDY IN THE RELATIONSHIP BETWEEN OPENNESS AND ECONOMIC GROWTH IN IRAN: CO-INTEGRATION ANALYSIS,” KNOWLEDGE AND DEVELOPMENT, vol. 16, no. 27, pp. 145–160, 2009, [Online]. Available: https://sid.ir/paper/75701/en

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