Jamshid Pazhoyan; Marjan Faghih nasiri
Volume 13, Issue 38 , April 2009, , Pages 97-132
Abstract
The economic growth rate is an important issue which concerns most of the economic intellectuals, because the economic Growth rate is one of the most important factors which have effect on the human Social welfare. But in spite of the importance of economic growth rate, determining different factors ...
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The economic growth rate is an important issue which concerns most of the economic intellectuals, because the economic Growth rate is one of the most important factors which have effect on the human Social welfare. But in spite of the importance of economic growth rate, determining different factors affecting on growth of a country still are mysterious and to some extent controversial. trade strategy, among the others, is one of the most important explanatory variables of growth. One the other hand, the effect of trade on growth is considered as one of the most important topics in growth and trade literature. From an economic point of view, The most important opinions of advantage is documented and during the evolution of advantage-based theories, The Theory of Competitive advantage and competitiveness, had introduced , Since the and of The Year 1990. We decided to examine the impact of competitiveness on economic growth. To provide a composite measure of competitiveness, caring the sources of competitiveness, we focused on the effectiveness of above mentioned measures on different elements of production function. So, we introduced three indices of labor force, capital and technology competitiveness, then we calculated these measures for 57 countries during the period of 1995-2003 and countries in to four groups based on income levels according to the world bank classification. Finally, the estimation of model would have done (by considering above measures). Three functional forms of the production function were suggested regarding the different forms of technology (labor-augmenting technological progress, capital- augmenting technological progress and Hicks-Neutral form). Then using a panel data regression model, the strong and positive relationship, had been confirmed.
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Jamshid Pazhoyan; Hosseini Seyyed Shams-Aldin
Volume 5, Issue 16 , October 2003, , Pages 47-67
Abstract
The present paper applied Cointegration Vector Autoregressive (CVAR) Technique to Stone-Geary’s linear expenditure system، in order to estimate the residential demand for water in Metropolitan Tehran.Data used are for 1982-2000 period. Price-elasticity of the demand function is estimated ...
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The present paper applied Cointegration Vector Autoregressive (CVAR) Technique to Stone-Geary’s linear expenditure system، in order to estimate the residential demand for water in Metropolitan Tehran.Data used are for 1982-2000 period. Price-elasticity of the demand function is estimated as 8% for the point elasticity، and 12% for the average of duration. The income elastisities are estimated as 13% and 20%، respectively.This shows that the price elasticity of demand for water is inelastic. It is also indicated that the minimum use of water by Tehrani Citizens is 92 liters per-person per-day which is in the range of standard water use.
