Importance of Financial Sectors in the Iranian Economy; An Analytical Appraisal of Shutting Down Effects of Financial Industries on Output and Employment
In this Paper financial services in the Iranian economy, which is portioned into 41 industries, is considered as a sector with a Leontief production function. Financial Sectors, buy inputs from other sectors, and provide services to expedite the cash fellows and risk transformation for other sectors...
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2005-01-01
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| Series: | فصلنامه پژوهشهای اقتصادی ایران |
| Subjects: | |
| Online Access: | https://ijer.atu.ac.ir/article_3796_19d3a83ac0da240cf8769aa897b0c74a.pdf |
| _version_ | 1797369476402905088 |
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| author | Gholamreza Keshavarz Haddad |
| author_facet | Gholamreza Keshavarz Haddad |
| author_sort | Gholamreza Keshavarz Haddad |
| collection | DOAJ |
| description | In this Paper financial services in the Iranian economy, which is portioned into 41 industries, is considered as a sector with a Leontief production function. Financial Sectors, buy inputs from other sectors, and provide services to expedite the cash fellows and risk transformation for other sectors. The former relations are called Backward Linkage and the later relations through which the sectors provide output to meet required cash fellow and risk reduction of economic activities are called Forward Linkage. In quantification of the linkages, employment and output elasticity, the forward index of value added, and backward linkage of final demand are used. Furthermore, direct and indirect effects of a hypothetical extraction of the sectors on output and employment are calculated. The results show that, although the linkages between financial sectors and the rest of the economic activities are not strong, their extraction will result in 225246.8 decrease in job opportunity, according to the 1370 input-output table produced by the Statistical Center of Iran. |
| first_indexed | 2024-03-08T17:47:23Z |
| format | Article |
| id | doaj.art-b8ff2e10e4374bae942f811bcb5e85e3 |
| institution | Directory Open Access Journal |
| issn | 1726-0728 2476-6445 |
| language | fas |
| last_indexed | 2024-03-08T17:47:23Z |
| publishDate | 2005-01-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | فصلنامه پژوهشهای اقتصادی ایران |
| spelling | doaj.art-b8ff2e10e4374bae942f811bcb5e85e32024-01-02T10:27:40ZfasAllameh Tabataba'i University Pressفصلنامه پژوهشهای اقتصادی ایران1726-07282476-64452005-01-016211151333796Importance of Financial Sectors in the Iranian Economy; An Analytical Appraisal of Shutting Down Effects of Financial Industries on Output and EmploymentGholamreza Keshavarz Haddad0Assistant Professor, Graduate School of Management and Economics, Sharif University of Technology, Tehran, IranIn this Paper financial services in the Iranian economy, which is portioned into 41 industries, is considered as a sector with a Leontief production function. Financial Sectors, buy inputs from other sectors, and provide services to expedite the cash fellows and risk transformation for other sectors. The former relations are called Backward Linkage and the later relations through which the sectors provide output to meet required cash fellow and risk reduction of economic activities are called Forward Linkage. In quantification of the linkages, employment and output elasticity, the forward index of value added, and backward linkage of final demand are used. Furthermore, direct and indirect effects of a hypothetical extraction of the sectors on output and employment are calculated. The results show that, although the linkages between financial sectors and the rest of the economic activities are not strong, their extraction will result in 225246.8 decrease in job opportunity, according to the 1370 input-output table produced by the Statistical Center of Iran.https://ijer.atu.ac.ir/article_3796_19d3a83ac0da240cf8769aa897b0c74a.pdffinancial sectorsinput-output tablehypothetical extractionemploymentoutputforward and backward linkage |
| spellingShingle | Gholamreza Keshavarz Haddad Importance of Financial Sectors in the Iranian Economy; An Analytical Appraisal of Shutting Down Effects of Financial Industries on Output and Employment فصلنامه پژوهشهای اقتصادی ایران financial sectors input-output table hypothetical extraction employment output forward and backward linkage |
| title | Importance of Financial Sectors in the Iranian Economy;
An Analytical Appraisal of Shutting Down Effects of Financial Industries on Output and Employment |
| title_full | Importance of Financial Sectors in the Iranian Economy;
An Analytical Appraisal of Shutting Down Effects of Financial Industries on Output and Employment |
| title_fullStr | Importance of Financial Sectors in the Iranian Economy;
An Analytical Appraisal of Shutting Down Effects of Financial Industries on Output and Employment |
| title_full_unstemmed | Importance of Financial Sectors in the Iranian Economy;
An Analytical Appraisal of Shutting Down Effects of Financial Industries on Output and Employment |
| title_short | Importance of Financial Sectors in the Iranian Economy;
An Analytical Appraisal of Shutting Down Effects of Financial Industries on Output and Employment |
| title_sort | importance of financial sectors in the iranian economy an analytical appraisal of shutting down effects of financial industries on output and employment |
| topic | financial sectors input-output table hypothetical extraction employment output forward and backward linkage |
| url | https://ijer.atu.ac.ir/article_3796_19d3a83ac0da240cf8769aa897b0c74a.pdf |
| work_keys_str_mv | AT gholamrezakeshavarzhaddad importanceoffinancialsectorsintheiranianeconomyananalyticalappraisalofshuttingdowneffectsoffinancialindustriesonoutputandemployment |