Reexamining the Relationship between Government Revenues and Expenditures in Iran: Symmetric or Asymmetric?
The main purpose of this paper is to examine the causal relationship between government revenues and expenditures in Iran. We use an asymmetric error correction model within a Threshold Autoregressive (TAR) and Momentum Threshold Autoregressive (MTAR) framework during 1991-2010. Contrary to previous...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2012-12-01
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| Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| Subjects: | |
| Online Access: | https://joer.atu.ac.ir/article_933_50ca8b9f48d09b3287df5e4714416a9a.pdf |
| _version_ | 1797375631317532672 |
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| author | Ali Hussein Samadi Naghmeh Zare Haghighi |
| author_facet | Ali Hussein Samadi Naghmeh Zare Haghighi |
| author_sort | Ali Hussein Samadi |
| collection | DOAJ |
| description | The main purpose of this paper is to examine the causal relationship between government revenues and expenditures in Iran. We use an asymmetric error correction model within a Threshold Autoregressive (TAR) and Momentum Threshold Autoregressive (MTAR) framework during 1991-2010. Contrary to previous studies on Iranian economy, the results show that synchronization hypothesis with asymmetric adjustment towards long run equilibrium is confirmed between government revenues and expenditures. The policy implication of the results is that the government should simultaneously rise revenues and decrease spending in order to control the budget deficits. |
| first_indexed | 2024-03-08T19:27:12Z |
| format | Article |
| id | doaj.art-17f56a9f66094c70a781a0ff489aa45a |
| institution | Directory Open Access Journal |
| issn | 1735-210X 2476-6453 |
| language | fas |
| last_indexed | 2024-03-08T19:27:12Z |
| publishDate | 2012-12-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| spelling | doaj.art-17f56a9f66094c70a781a0ff489aa45a2023-12-26T07:58:03ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532012-12-011247123152933Reexamining the Relationship between Government Revenues and Expenditures in Iran: Symmetric or Asymmetric?Ali Hussein Samadi0Naghmeh Zare Haghighi1Professor in Economics, Shiraz University, Shiraz, Iran.Master of Science in Economics, Shiraz University, Shiraz, Iran.The main purpose of this paper is to examine the causal relationship between government revenues and expenditures in Iran. We use an asymmetric error correction model within a Threshold Autoregressive (TAR) and Momentum Threshold Autoregressive (MTAR) framework during 1991-2010. Contrary to previous studies on Iranian economy, the results show that synchronization hypothesis with asymmetric adjustment towards long run equilibrium is confirmed between government revenues and expenditures. The policy implication of the results is that the government should simultaneously rise revenues and decrease spending in order to control the budget deficits.https://joer.atu.ac.ir/article_933_50ca8b9f48d09b3287df5e4714416a9a.pdfoil revenuetax revenuegovernment spendingasymmetric adjustmenttarmtarbudgetiran |
| spellingShingle | Ali Hussein Samadi Naghmeh Zare Haghighi Reexamining the Relationship between Government Revenues and Expenditures in Iran: Symmetric or Asymmetric? Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī oil revenue tax revenue government spending asymmetric adjustment tar mtar budget iran |
| title | Reexamining the Relationship between Government Revenues and Expenditures in Iran: Symmetric or Asymmetric? |
| title_full | Reexamining the Relationship between Government Revenues and Expenditures in Iran: Symmetric or Asymmetric? |
| title_fullStr | Reexamining the Relationship between Government Revenues and Expenditures in Iran: Symmetric or Asymmetric? |
| title_full_unstemmed | Reexamining the Relationship between Government Revenues and Expenditures in Iran: Symmetric or Asymmetric? |
| title_short | Reexamining the Relationship between Government Revenues and Expenditures in Iran: Symmetric or Asymmetric? |
| title_sort | reexamining the relationship between government revenues and expenditures in iran symmetric or asymmetric |
| topic | oil revenue tax revenue government spending asymmetric adjustment tar mtar budget iran |
| url | https://joer.atu.ac.ir/article_933_50ca8b9f48d09b3287df5e4714416a9a.pdf |
| work_keys_str_mv | AT alihusseinsamadi reexaminingtherelationshipbetweengovernmentrevenuesandexpendituresiniransymmetricorasymmetric AT naghmehzarehaghighi reexaminingtherelationshipbetweengovernmentrevenuesandexpendituresiniransymmetricorasymmetric |