IMPLICATIONS OF OIL PRODUCTS PRICE LIBERALIZATION IN IRAN

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.

HEIDARI HASSAN; SAEIDPOUR LESYAN

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

Journal Paper

Paper Information

Journal: Journal of Economic Research and Policies Year:2011 | Volume:19 | Issue:58 Page(s): 5-30

Download Full-Text

Persian Verion

View:

1,175

Download:

Cites:

Information Journal Paper

Title

IMPLICATIONS OF OIL PRODUCTS PRICE LIBERALIZATION IN IRAN

Author(s)

HEIDARI HASSAN | SAEIDPOUR LESYAN | Issue Writer Certificate

Keywords

ECONOMIC GROWTHQ2

OIL PRODUCTS PRICEQ2

OIL PRODUCTS CONSUMPTIONQ2

BOUNDS TESTQ2

IRANQ2

Abstract

In addition to investigate the log-run relationship between oil consumption and GDP growth in a supply side model, this paper examines the effects of OIL PRODUCTS PRICE liberalization on its consumption and GDP growth in a demand side model in IRAN. We use annual time series data covering from 1350 to 1385 in the ARDL BOUNDS TEST approach. The results of the supply side model show that there is a unidirectional running from OIL PRODUCTS CONSUMPTION to ECONOMIC GROWTH with a negative coefficient. This result indicates that low OIL PRODUCTS PRICEs led to the use of inefficient and out of date technologies, exhausted and energy intensity. The increased consumption of oil products due to non-optimal allocation of this input in the inefficient economic sectors will lead to the waste of it and reduce ECONOMIC GROWTH.Moreover, the results of the demand side model suggest the positive and negative impact of OIL PRODUCTS PRICE on GDP growth and OIL PRODUCTS CONSUMPTION, respectively. The inverse relationship between OIL PRODUCTS PRICEs with its consumption and the positive impact of OIL PRODUCTS PRICE on ECONOMIC GROWTH show that the government's decision to OIL PRODUCTS PRICEs liberalization is a step towards an efficient allocation of oil products, and an increase in the ECONOMIC GROWTH in the long-run.

Cites

References

THE INVESTIGATION OF THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND THE CONSUMPTION OF OIL PRODUCTS

Cite

APA: Copy

HEIDARI, HASSAN, & SAEIDPOUR, LESYAN. (2011). IMPLICATIONS OF OIL PRODUCTS PRICE LIBERALIZATION IN IRAN. JOURNAL OF ECONOMIC RESEARCH AND POLICIES, 19(58), 5-30. SID. https://sid.ir/paper/89608/en

Vancouver: Copy

HEIDARI HASSAN, SAEIDPOUR LESYAN. IMPLICATIONS OF OIL PRODUCTS PRICE LIBERALIZATION IN IRAN. JOURNAL OF ECONOMIC RESEARCH AND POLICIES[Internet]. 2011;19(58):5-30. Available from: https://sid.ir/paper/89608/en

IEEE: Copy

HASSAN HEIDARI, and LESYAN SAEIDPOUR, “IMPLICATIONS OF OIL PRODUCTS PRICE LIBERALIZATION IN IRAN,” JOURNAL OF ECONOMIC RESEARCH AND POLICIES, vol. 19, no. 58, pp. 5–30, 2011, [Online]. Available: https://sid.ir/paper/89608/en

Related Journal Papers