پیوندهای مفید
آمار
| تعداد نشریات | 21 |
| تعداد شمارهها | 680 |
| تعداد مقالات | 9,918 |
| تعداد مشاهده مقاله | 70,142,276 |
| تعداد دریافت فایل اصل مقاله | 49,537,021 |
Asymmetric consequences of government spending shock with the effect of government spending effectiveness indicators on the country's economic activities; the role of periodic structural models | ||
| International Journal of Nonlinear Analysis and Applications | ||
| مقاله 12، دوره 15، شماره 6، شهریور 2024، صفحه 139-152 اصل مقاله (567.67 K) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22075/ijnaa.2023.30508.4417 | ||
| نویسندگان | ||
| Abuzar Salari1؛ Marjan Damankeshideh* 1؛ Majid Afsharirad2 | ||
| 1Department of Economics and Accounting, Central Tehran Branch, Islamic Azad University, Tehran, Iran | ||
| 2Department of Economics, Kharazmi University, Tehran, Iran | ||
| تاریخ دریافت: 13 بهمن 1401، تاریخ بازنگری: 25 اردیبهشت 1402، تاریخ پذیرش: 31 اردیبهشت 1402 | ||
| چکیده | ||
| This article explains the mechanism of the asymmetric consequences of government spending shock with the effect of government spending effectiveness indicators on the economic activities of the country using SVAR structural vector autoregression model for 2019-2019. Based on the estimation results of the SVAR model; A shock from oil revenues causes a 9% reduction in investment, 45% production and 1% employment, and a shock from the size of the government causes a 0.1% reduction in investment, 33% production and 6% employment respectively. will be Impulses coming from the government's current and construction expenses; It reduces production by 19% and employment by 90%. Generally; The impact of monetary and oil impulses in Iran's economy depends more on the inflationary state of Iran's economy; In such a way that with the increase of inflation, the effect of financial impulses (implementation of expansionary and contractionary policies) on production decreases and even at very high levels of inflation it can have a negative effect on real production. Considering the different infrastructures, models and economic conditions of Iran, a separate study of how the Iranian market is influenced by the uncertainty of the government's financial policies, the government's foreign exchange policies and investment costs can provide a correct view of the country's macro decisions. How production changes in the Iranian market as a result of these fluctuations. | ||
| کلیدواژهها | ||
| government spending؛ production؛ employment؛ economic activity؛ SVAR model | ||
| مراجع | ||
|
[1] A. Adedokun, The effects of oil shocks on government expenditures and government revenues nexus in Nigeria (with exogeneity restrictions), Future Bus. J. 4 (2018), no. 2, 219–232. [2] G.C. Aye, M.W. Clance and R. Gupta, The effectiveness of monetary and fiscal policy shocks on U.S. inequality: The role of uncertainty, Qual. Quant. Int. J. Method. 53 (2019), no. 1, 283–295. [3] M.E. Bildirici and F.O. Sonustun, The effects of oil and gold prices on oil-exporting countries, Energy Strategy Rev. 22 (2018), 290–302. [4] Sh.Sh. Chen, Oil price pass-through into inflation, Energy Econ. 31 (2009), no. 1, 126–133. [5] H. Esmaeili Razi and B. Ebrahimi, The effect of oil revenues on economic growth in Iran with an emphasis on the change of institutional quality, Econ. Dev. Policy Quart.3 (2012), no. 2, 81–108. [6] M.R. Farzanegan and G. Markwardt, The effects of oil price shocks on the Iranian economy, Energy Econ. 31 (2009), no. 1, 134–151. [7] A.P. Gbatu, Z. Wang, Jr. P. K. Wesseh and I. Y. R. Tutdel, The impacts of oil price shocks on small oil-importing economies: Time series evidence for Liberia, Energy 139 (2017), 975–90. [8] K. Grundler and S. Kollner, Culture, diversity, and the welfare state, J. Compar. Econ. 48 (2020), no. 4, 913–932. [9] R. Gupta, X. Sheng and Q. Ji, Movements in real estate uncertainty in the United States: the role of oil shocks, Appl. Econ. Lett. 28 (2021), no. 13, 1059–1065. [10] R.V. Hogg, Statistical education: Improvements are badly needed, Amer. Statist.45 (1991), no. 4, 342–343. [11] A. I. Hunjra, T. Tayachi, M. I. Chani, P. Verhoeven and A. Mehmood, The moderating effect of institutional quality on the financial development and environmental quality nexus, Sustainability 12 (2020), no. 9, 3805. [12] N. Jafari Fesharaki, A. Memaranjad, K. Hejbar Kiani and S. Sh. Hosseini, The effect of inflation and improving the business environment on foreign investment in selected countries and Iran, Appl. Econ. 10 (2019), no. 34 and 35, 47–60. [13] A. Kamiguchi and T. Tamai, Public investment, public debt, and population ageing under the golden rule of public finance, J. Macroecon. 60 (2019), no. (C), 110–122. [14] S.W. Kim and S.H. Ahn, Social investment effects of public education, health care, and welfare service expenditures on economic growth, Asian Soc. Work Policy Rev. 14 (2020), no. 1, 34–44. [15] S.W. Kim and J.M. Gil, Research paper classification systems based on TF-IDF and LDA schemes, Human-centric Comput. Inf. Sci.9 (2019), 1–21. [16] S.M. Monfared, T. Mohammadi, M. Khazri, and U. Parivar, The role of financial development in the efficiency of Iran’s monetary policy in determining production and inflation, Econ. Model. Sci. Quart.15 (2020), no. 55, 113–138. [17] J. Montazeri Shoorekchali and M. Zahed Gharavi, The government size and economic growth in Iran: Markov-Switching Granger causality approach, QJER 21 (2021), no. 1, 93-116. [18] P.A. Samuelson, How foundations came to be, J. Econ. Lit. 36 (1998), no. 3, 1375–1386. [19] Sh. Seyyed Salehi, M. Samti, K. Azarbaijani, M. Bashirt, Analysis of government revenues in a small oil-exporting economy by dynamic stochastic general equilibrium (DSGE) method, J. Tax Res. 29 (1400), no. 51, 33–64. [20] A. Shaddady, Is government spending an important factor in economic growth? Nonlinear cubic quantile nexus from Eastern Europe and Central Asia (EECA), Economies 10 (2022), no. 11, 286. [21] Z. Shao and L. Dou, The influence and mechanism of health expenditures on investment of financial assets decisions: A case study of China’s economy, Front. Public Health 10 (2022), 994620. [22] V. Sundararajan and J.T. Bali˜no, Banking Crises: Cases and Issues, International Monetary Fund, Editors, 1991. [23] T. Tamai and A. Kamiguchi, Deficit% Financed Public Investment, Economic Growth, and Welfare in an Overlapping Generations Model, Econ. Res. Center Discussion Paper 19 (2019), 1-10. [24] H.V. Van, L. Van Dao, L.K. Hoang and N. Van Hien, The efficiency of government financial expenditures before and during the COVID-19 pandemic: A cross-country investigation, Financ Res. Lett. 54 (2023), 103697. | ||
|
آمار تعداد مشاهده مقاله: 18,822 تعداد دریافت فایل اصل مقاله: 11,161 |
||