Optimal Economic Growth (Steady State) and Public Expenditures In Iran (A Dynamic Analysis)
In this study, following Barro in an endogenous growth model, we try to determine the characteristic of an optimal economic growth. By considering two kinds of public expenditures that are: public capital and public services. The role and impacts of the regarded parameters such as time preference, d...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2008-09-01
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| Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| Online Access: | https://joer.atu.ac.ir/article_3204_c058b1e548a62766e453a38429f88dab.pdf |
| _version_ | 1797375700266647552 |
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| author | Rahim Dallai Esfahani Mohsen Renani Morteza Sameti Reza Esmaielzadeh |
| author_facet | Rahim Dallai Esfahani Mohsen Renani Morteza Sameti Reza Esmaielzadeh |
| author_sort | Rahim Dallai Esfahani |
| collection | DOAJ |
| description | In this study, following Barro in an endogenous growth model, we try to determine the characteristic of an optimal economic growth. By considering two kinds of public expenditures that are: public capital and public services. The role and impacts of the regarded parameters such as time preference, depreciation rate and change in planning periods on the growth of economy is also investigated. Dynamic optimization is utilized in determination of optimal growth for Iran’s economy. For different planning periods and with various scenarios, the optimal tax and growth rates for variables such as gross national product, public capital, public services, private capital and consumption is simulated. The paper concludes a negative relation between time preference, depreciation and economic growth. It also finds a positive relation between horizons of planning periods and economic growth. |
| first_indexed | 2024-03-08T19:28:13Z |
| format | Article |
| id | doaj.art-1f8e872c7cc84f2fac7ec1668902a780 |
| institution | Directory Open Access Journal |
| issn | 1735-210X 2476-6453 |
| language | fas |
| last_indexed | 2024-03-08T19:28:13Z |
| publishDate | 2008-09-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| spelling | doaj.art-1f8e872c7cc84f2fac7ec1668902a7802023-12-26T07:56:36ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532008-09-0183015403204Optimal Economic Growth (Steady State) and Public Expenditures In Iran (A Dynamic Analysis)Rahim Dallai Esfahani0Mohsen Renani1Morteza Sameti2Reza Esmaielzadeh3عضو هیات علمی گروه اقتصاد دانشگاه اصفهانعضو هیأت علمی گروه اقتصاد- دانشگاه اصفهانعضو هیأت علمی گروه اقتصاد- دانشگاه اصفهان.دستیار علمی گروه اقتصاد- دانشگاه پیام نور رودسرIn this study, following Barro in an endogenous growth model, we try to determine the characteristic of an optimal economic growth. By considering two kinds of public expenditures that are: public capital and public services. The role and impacts of the regarded parameters such as time preference, depreciation rate and change in planning periods on the growth of economy is also investigated. Dynamic optimization is utilized in determination of optimal growth for Iran’s economy. For different planning periods and with various scenarios, the optimal tax and growth rates for variables such as gross national product, public capital, public services, private capital and consumption is simulated. The paper concludes a negative relation between time preference, depreciation and economic growth. It also finds a positive relation between horizons of planning periods and economic growth.https://joer.atu.ac.ir/article_3204_c058b1e548a62766e453a38429f88dab.pdf |
| spellingShingle | Rahim Dallai Esfahani Mohsen Renani Morteza Sameti Reza Esmaielzadeh Optimal Economic Growth (Steady State) and Public Expenditures In Iran (A Dynamic Analysis) Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| title | Optimal Economic Growth (Steady State) and Public
Expenditures In Iran (A Dynamic Analysis) |
| title_full | Optimal Economic Growth (Steady State) and Public
Expenditures In Iran (A Dynamic Analysis) |
| title_fullStr | Optimal Economic Growth (Steady State) and Public
Expenditures In Iran (A Dynamic Analysis) |
| title_full_unstemmed | Optimal Economic Growth (Steady State) and Public
Expenditures In Iran (A Dynamic Analysis) |
| title_short | Optimal Economic Growth (Steady State) and Public
Expenditures In Iran (A Dynamic Analysis) |
| title_sort | optimal economic growth steady state and public expenditures in iran a dynamic analysis |
| url | https://joer.atu.ac.ir/article_3204_c058b1e548a62766e453a38429f88dab.pdf |
| work_keys_str_mv | AT rahimdallaiesfahani optimaleconomicgrowthsteadystateandpublicexpendituresiniranadynamicanalysis AT mohsenrenani optimaleconomicgrowthsteadystateandpublicexpendituresiniranadynamicanalysis AT mortezasameti optimaleconomicgrowthsteadystateandpublicexpendituresiniranadynamicanalysis AT rezaesmaielzadeh optimaleconomicgrowthsteadystateandpublicexpendituresiniranadynamicanalysis |