The Impact of Oil Revenues on Social Capital in Iran
In oil-abundant countries, oil revenues, due to various reasons such as mismanagement, can influence the economic and social conditions and hinder development. This paper examines the relationship between oil revenues and social capital in Iran during 1976-2007. To do this, the Autoregressive Distri...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Tarbiat Modares University
2013-09-01
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| Series: | پژوهشهای اقتصادی |
| Subjects: | |
| Online Access: | http://ecor.modares.ac.ir/article-18-3793-en.pdf |
| Summary: | In oil-abundant countries, oil revenues, due to various reasons such as mismanagement, can influence the economic and social conditions and hinder development.
This paper examines the relationship between oil revenues and social capital in Iran during 1976-2007. To do this, the Autoregressive Distributed Lags (ARDL) approach and bound testing approach for co-integration are used to analyze data and estimate the model. The results indicate that oil revenues as an indicator for abundance of the natural resources have significant and negative influence on social capital. In addition, GDP per capita has positive impact on social capital in Iran. |
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| ISSN: | 1735-6768 2980-7832 |