Predicting the effect of factors affecting economic growth of Iran with the approach of time-varying parameters -dynamic model averaging

One of the most important goals of economic policymakers in every country is to achieve high economic growth. For this purpose, this study aims to identify the most important variables affecting Iran's economic growth in the period of 1981 - 2021 using the dynamic averaging model. The results s...

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Main Authors: Sanaz Rahimi Kahkashi, Omid Ali Adeli, Mohammad Hasan Maleki, Soheil Roudari
Format: Article
Language:fas
Published: Semnan University 2023-08-01
Series:مدلسازی اقتصادسنجی
Subjects:
Online Access:https://jem.semnan.ac.ir/article_7783_d429da0e339d4047f3557784d1c0a8f4.pdf
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author Sanaz Rahimi Kahkashi
Omid Ali Adeli
Mohammad Hasan Maleki
Soheil Roudari
author_facet Sanaz Rahimi Kahkashi
Omid Ali Adeli
Mohammad Hasan Maleki
Soheil Roudari
author_sort Sanaz Rahimi Kahkashi
collection DOAJ
description One of the most important goals of economic policymakers in every country is to achieve high economic growth. For this purpose, this study aims to identify the most important variables affecting Iran's economic growth in the period of 1981 - 2021 using the dynamic averaging model. The results showed that in Iran's economy, the variables of current government expenditures, tax revenues, income inequality, household consumption expenditures, and domestic investment are the most important variables affecting economic growth. Also, the results showed that the manner and probability of these variables influencing economic growth over time are not constant and are subject to exogenous impulses such as revolution, war, oil price shocks, applied economic policies, structural changes, and sanctions. The results showed that in Iran's economy, the variables of current government expenditures, tax revenues, income inequality, household consumption expenditures, and domestic investment are the most important variables affecting economic growth respectively.
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spelling doaj.art-cf8112bbddd047c39d54589e3987feb32024-02-23T18:09:27ZfasSemnan Universityمدلسازی اقتصادسنجی2345-654X2821-21502023-08-0182356710.22075/jem.2023.29050.17827783Predicting the effect of factors affecting economic growth of Iran with the approach of time-varying parameters -dynamic model averagingSanaz Rahimi Kahkashi0Omid Ali Adeli1Mohammad Hasan Maleki2Soheil Roudari3PhD student, Department of Economics, Faculty of Economics and Administrative Sciences, Qom UniversityAssociate Professor, Department of Economics, Faculty of Economics and Administrative Sciences, Qom UniversityAssociate Professor, Department of Management, Faculty of Economics and Administrative Sciences, Qom UniversityAssistant Professor, Department of Economics, Faculty of Economics and Administrative Sciences, Qom UniversityOne of the most important goals of economic policymakers in every country is to achieve high economic growth. For this purpose, this study aims to identify the most important variables affecting Iran's economic growth in the period of 1981 - 2021 using the dynamic averaging model. The results showed that in Iran's economy, the variables of current government expenditures, tax revenues, income inequality, household consumption expenditures, and domestic investment are the most important variables affecting economic growth. Also, the results showed that the manner and probability of these variables influencing economic growth over time are not constant and are subject to exogenous impulses such as revolution, war, oil price shocks, applied economic policies, structural changes, and sanctions. The results showed that in Iran's economy, the variables of current government expenditures, tax revenues, income inequality, household consumption expenditures, and domestic investment are the most important variables affecting economic growth respectively.https://jem.semnan.ac.ir/article_7783_d429da0e339d4047f3557784d1c0a8f4.pdfeconomic growthcurrent government expenditurestax revenuestvp-dma model
spellingShingle Sanaz Rahimi Kahkashi
Omid Ali Adeli
Mohammad Hasan Maleki
Soheil Roudari
Predicting the effect of factors affecting economic growth of Iran with the approach of time-varying parameters -dynamic model averaging
مدلسازی اقتصادسنجی
economic growth
current government expenditures
tax revenues
tvp-dma model
title Predicting the effect of factors affecting economic growth of Iran with the approach of time-varying parameters -dynamic model averaging
title_full Predicting the effect of factors affecting economic growth of Iran with the approach of time-varying parameters -dynamic model averaging
title_fullStr Predicting the effect of factors affecting economic growth of Iran with the approach of time-varying parameters -dynamic model averaging
title_full_unstemmed Predicting the effect of factors affecting economic growth of Iran with the approach of time-varying parameters -dynamic model averaging
title_short Predicting the effect of factors affecting economic growth of Iran with the approach of time-varying parameters -dynamic model averaging
title_sort predicting the effect of factors affecting economic growth of iran with the approach of time varying parameters dynamic model averaging
topic economic growth
current government expenditures
tax revenues
tvp-dma model
url https://jem.semnan.ac.ir/article_7783_d429da0e339d4047f3557784d1c0a8f4.pdf
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AT mohammadhasanmaleki predictingtheeffectoffactorsaffectingeconomicgrowthofiranwiththeapproachoftimevaryingparametersdynamicmodelaveraging
AT soheilroudari predictingtheeffectoffactorsaffectingeconomicgrowthofiranwiththeapproachoftimevaryingparametersdynamicmodelaveraging