Political economy
Behrouz Sadeghi Amroabadi; Ehsan Kazemi
Abstract
Improving the quality of institutions with development of the country's economic infrastructure can reduce the degree of fiscal policy cycles in developing countries. Therefore, the purpose of this study is to analyze the effects of good governance and political cycles on the liquidity and budget deficit ...
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Improving the quality of institutions with development of the country's economic infrastructure can reduce the degree of fiscal policy cycles in developing countries. Therefore, the purpose of this study is to analyze the effects of good governance and political cycles on the liquidity and budget deficit changes during 1978-2018. The research method is descriptive analytical by using econometric method of the GMM. Data are from the Central Bank of Iran and World Bank site for Iranian Economy. The research results show the effect of good governance on the variables of liquidity and budget deficit changes are negative and significant. Also the interactive effects of good governance and the election dummy variables on the liquidity and budget deficit changes are negative and significant. These results indicate that good governance during the elections can control the budget deficit and liquidity changes, hence to control the business-political cycles, suggest to improve the good governance in Iran.
Hadi Rafiee Darani; Naser Shahnooshi
Volume 19, Issue 58 , April 2014, , Pages 153-181
Abstract
The main objective of this paper is to study the effect of government size and good governance on human development in different countries in 2000, 2005 and 2010. For this purpose, geographical weighted regression (adaptive spatial kernels) was used for data analysis considering significance of Moran ...
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The main objective of this paper is to study the effect of government size and good governance on human development in different countries in 2000, 2005 and 2010. For this purpose, geographical weighted regression (adaptive spatial kernels) was used for data analysis considering significance of Moran statistic and spatial correlation of Human Development Index. Results (obtained utilizing ArcGis 9.3 software) indicate that on average, government size and good governance have an overall positive impact on human development index. Specifically, the effect of government size shows a decline between 2000, 2005 and 2010, whereas, the effect of good governance shows an increase from 2000 to 2005 and a decline from 2005 to 2010 respectively. In the case of Iran, findings indicate that regional impact coefficient of government size is positive in 2000 and 2005, while it is negative in 2010. The effect of good governance in Iran is positive with an increase in effect intensity. We also analyzed the effects of government size and good governance specifically on four groups of countries in terms of the level of development.
