Long-run Trend and Determinants of Terms of Trade of Iran
This paper examines the trend and determinants of terms of trade of Iran. Using a Vector-Error Correction model (VECM), two models has been estimated for Iran's economy. Terms of trade in model I is the net barter terms of trade; and in model II is the ratio of export to import unit values. An...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2017-05-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/3654 |