Effect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in Iran
Economic theories show that the direction and magnitude of the fluctuations of economic variables depend on the type and magnitude of the shocks they are faced with. Various reasons are noted for fluctuations in demands for imports, including productivity shocks. Accordingly, this research was aimed...
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| Format: | Article |
| Language: | English |
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Islamic Azad University
2019-06-01
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| Series: | International Journal of Agricultural Management and Development |
| Subjects: | |
| Online Access: | http://ijamad.iaurasht.ac.ir/article_545948_d7330d8533fb5c38e7d88812e624477c.pdf |
| _version_ | 1828259655794556928 |
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| author | Zahra Tavakoli Sedigheh Nabieian Mohammadreza Zare Mehrjerdi Seyed Abdolmajid Jalaei |
| author_facet | Zahra Tavakoli Sedigheh Nabieian Mohammadreza Zare Mehrjerdi Seyed Abdolmajid Jalaei |
| author_sort | Zahra Tavakoli |
| collection | DOAJ |
| description | Economic theories show that the direction and magnitude of the fluctuations of economic variables depend on the type and magnitude of the shocks they are faced with. Various reasons are noted for fluctuations in demands for imports, including productivity shocks. Accordingly, this research was aimed at identifying the effects of Total Factor Productivity (TFP) shocks of the agricultural sector on the demand for agricultural imports during the period 1982-2014. These shocks were divided by the Blanchard-Quah technique into two groups: permanent and temporary. Then, the effects of shocks on agricultural imports were studied by the Structural Vector Auto Regression (SVAR) Method. The results showed that, in the short and longrun, temporary and permanent TFP shocks of the agricultural sector have had a significant effect on the demand for agricultural imports, and the effect of temporary shocks was stronger than the effect of permanent ones. Therefore, if the policymakers seek to reduce the demand for agricultural imports, the agricultural TFP must continuously be incremented. |
| first_indexed | 2024-04-13T03:11:46Z |
| format | Article |
| id | doaj.art-2cbf4a4b847847509212f7577279bf89 |
| institution | Directory Open Access Journal |
| issn | 2159-5852 2159-5860 |
| language | English |
| last_indexed | 2024-04-13T03:11:46Z |
| publishDate | 2019-06-01 |
| publisher | Islamic Azad University |
| record_format | Article |
| series | International Journal of Agricultural Management and Development |
| spelling | doaj.art-2cbf4a4b847847509212f7577279bf892022-12-22T03:05:01ZengIslamic Azad UniversityInternational Journal of Agricultural Management and Development2159-58522159-58602019-06-0192135147545948Effect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in IranZahra Tavakoli0Sedigheh Nabieian1Mohammadreza Zare Mehrjerdi2Seyed Abdolmajid Jalaei3Assistant Professor in Agricultural Economics, Faculty of Agriculture, ShahidBahonar University of KermanAssistant Professor in Agricultural Economics, Faculty of Agriculture, ShahidBahonar University of KermanAssociate Professor in Agricultural Economics, Faculty of Agriculture, ShahidBahonar University of KermanProfessor in Economics, Faculty of Economics, ShahidBahonar University of KermanEconomic theories show that the direction and magnitude of the fluctuations of economic variables depend on the type and magnitude of the shocks they are faced with. Various reasons are noted for fluctuations in demands for imports, including productivity shocks. Accordingly, this research was aimed at identifying the effects of Total Factor Productivity (TFP) shocks of the agricultural sector on the demand for agricultural imports during the period 1982-2014. These shocks were divided by the Blanchard-Quah technique into two groups: permanent and temporary. Then, the effects of shocks on agricultural imports were studied by the Structural Vector Auto Regression (SVAR) Method. The results showed that, in the short and longrun, temporary and permanent TFP shocks of the agricultural sector have had a significant effect on the demand for agricultural imports, and the effect of temporary shocks was stronger than the effect of permanent ones. Therefore, if the policymakers seek to reduce the demand for agricultural imports, the agricultural TFP must continuously be incremented.http://ijamad.iaurasht.ac.ir/article_545948_d7330d8533fb5c38e7d88812e624477c.pdfblanchard-quah techniqueproductivity shocksdemand for agricultural importstotal factor productivity in agricultural sector |
| spellingShingle | Zahra Tavakoli Sedigheh Nabieian Mohammadreza Zare Mehrjerdi Seyed Abdolmajid Jalaei Effect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in Iran International Journal of Agricultural Management and Development blanchard-quah technique productivity shocks demand for agricultural imports total factor productivity in agricultural sector |
| title | Effect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in Iran |
| title_full | Effect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in Iran |
| title_fullStr | Effect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in Iran |
| title_full_unstemmed | Effect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in Iran |
| title_short | Effect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in Iran |
| title_sort | effect of temporary and permanent shocks of total factor productivity on the demand for agricultural imports in iran |
| topic | blanchard-quah technique productivity shocks demand for agricultural imports total factor productivity in agricultural sector |
| url | http://ijamad.iaurasht.ac.ir/article_545948_d7330d8533fb5c38e7d88812e624477c.pdf |
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