The Effect of Investment Infrastructures on Iran’s Economic Growth
The role of capital and investment in the process of economic growth and development has mentioned in many economic theories. Shortage of investment in any country is an incentive for efficient use of investment to increase the economic growth. In this paper, we compare the productivity of investmen...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2009-03-01
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| Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| Online Access: | https://joer.atu.ac.ir/article_2906_00635124dbd1051dd844e4a16ba11a19.pdf |
| _version_ | 1797375765634875392 |
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| author | Mahdi Taghavi Hossein Mohammadi |
| author_facet | Mahdi Taghavi Hossein Mohammadi |
| author_sort | Mahdi Taghavi |
| collection | DOAJ |
| description | The role of capital and investment in the process of economic growth and development has mentioned in many economic theories. Shortage of investment in any country is an incentive for efficient use of investment to increase the economic growth.
In this paper, we compare the productivity of investment in four economic sectors namely, agriculture, petroleum, industry and services in Iran. For this purpose, we use incremental capital output ratio at first and compute it for these sectors. Then we use an endogenous growth model to assess the impact of investment in these four sectors on economic growth.
Our results show that productivity of investment in petroleum and agriculture is higher that industry and service. |
| first_indexed | 2024-03-08T19:28:57Z |
| format | Article |
| id | doaj.art-e5a36b434fee49af88e0da1ac0b47783 |
| institution | Directory Open Access Journal |
| issn | 1735-210X 2476-6453 |
| language | fas |
| last_indexed | 2024-03-08T19:28:57Z |
| publishDate | 2009-03-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| spelling | doaj.art-e5a36b434fee49af88e0da1ac0b477832023-12-26T07:56:46ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532009-03-0193215422906The Effect of Investment Infrastructures on Iran’s Economic GrowthMahdi Taghavi0Hossein Mohammadi1عضو هیأت علمی دانشکده اقتصاد دانشگاه علامه طباطباییعضو هیأت علمی دانشگاه فردوسی مشهدThe role of capital and investment in the process of economic growth and development has mentioned in many economic theories. Shortage of investment in any country is an incentive for efficient use of investment to increase the economic growth. In this paper, we compare the productivity of investment in four economic sectors namely, agriculture, petroleum, industry and services in Iran. For this purpose, we use incremental capital output ratio at first and compute it for these sectors. Then we use an endogenous growth model to assess the impact of investment in these four sectors on economic growth. Our results show that productivity of investment in petroleum and agriculture is higher that industry and service.https://joer.atu.ac.ir/article_2906_00635124dbd1051dd844e4a16ba11a19.pdf |
| spellingShingle | Mahdi Taghavi Hossein Mohammadi The Effect of Investment Infrastructures on Iran’s Economic Growth Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| title | The Effect of Investment Infrastructures
on Iran’s Economic Growth |
| title_full | The Effect of Investment Infrastructures
on Iran’s Economic Growth |
| title_fullStr | The Effect of Investment Infrastructures
on Iran’s Economic Growth |
| title_full_unstemmed | The Effect of Investment Infrastructures
on Iran’s Economic Growth |
| title_short | The Effect of Investment Infrastructures
on Iran’s Economic Growth |
| title_sort | effect of investment infrastructures on iran s economic growth |
| url | https://joer.atu.ac.ir/article_2906_00635124dbd1051dd844e4a16ba11a19.pdf |
| work_keys_str_mv | AT mahditaghavi theeffectofinvestmentinfrastructuresoniranseconomicgrowth AT hosseinmohammadi theeffectofinvestmentinfrastructuresoniranseconomicgrowth AT mahditaghavi effectofinvestmentinfrastructuresoniranseconomicgrowth AT hosseinmohammadi effectofinvestmentinfrastructuresoniranseconomicgrowth |