Zahra Azizi; Mehdi Pedram; pegah Azizi
Abstract
In recent years, extensive studies have been done on how trade openness affects economic growth; however, a limited number of studies focus on the volatility of economic growth. A group of these studies have identified openness as a factor in achieving more stable economic growth, and also a group of ...
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In recent years, extensive studies have been done on how trade openness affects economic growth; however, a limited number of studies focus on the volatility of economic growth. A group of these studies have identified openness as a factor in achieving more stable economic growth, and also a group of researches have considered it as a factor in creating instability in the economy, therefore, the empirical studies have ambiguous. An important reason for this ambiguity, can be the structure of trade and exports of countries. The export concentration will lead to a disruption of a large part of the country's production and foreign revenues, when there is an export shock. Therefore, in this article, in addition to studying the effect of trade openness on economic growth volatility, the role of export diversification in this connection is examined. To this end, data from the 18 selected developing countries have been used during the years 1980- 2015 in two panel data models. The first model, regardless of the diversification of exports, estimates this relationship, and the second model, enters the export diversification by multiplying it by openness. The results of the research indicate that the greater degree of trade openness, due to the transfer of external shocks to the economy, increases economic growth instability, but the diversification of exports can help to reduce the volatility of economic growth caused by trade.
Seyyed Jalal Dehghani Firoozabadi; Mokhtar Salehi
Volume 17, Issue 52 , October 2012, , Pages 73-114
Abstract
This paper intends to study the role and significance economic diplomacy in the era of globalization. It then examines the performance of Iranian foreign policy and its interaction with global economy. The main challenges are reviewed, and major areas of activities evaluated. Five basic indices of globalization ...
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This paper intends to study the role and significance economic diplomacy in the era of globalization. It then examines the performance of Iranian foreign policy and its interaction with global economy. The main challenges are reviewed, and major areas of activities evaluated. Five basic indices of globalization were taken to be applied to the case of Iran evaluation of its performance in the course of globalization. Subsequently, the nature of relationship between Iranian economic diplomacy and indices of globalization in the areas of economic globalization, privatization, competition, foreign investment and development of ICT was analyzed and demonstrated.
Morteza Naderi; Ahmad Sharbatoghlie
Volume 9, Issue 32 , October 2007, , Pages 1-29
Abstract
Freedom of choice and competition are viewed as vital factors for economic growth. In this paper, we use a growth model to examine the impact of economic freedom on the economic growth across the world countries for the period 1999-2004. Our study differs from the previous studies in terms of the ...
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Freedom of choice and competition are viewed as vital factors for economic growth. In this paper, we use a growth model to examine the impact of economic freedom on the economic growth across the world countries for the period 1999-2004. Our study differs from the previous studies in terms of the modeling, the scope of the study, and the selected sample. The results, however, are consistent with those of the previous studies. Given the fact that Iran’s position in the world is low in terms of economic freedom, that economic freedom has a significant role in economic growth, it is necessary for investors and firms to have suitable conditions for transparent and accurate decision-making. Creation of the favorable economic conditions is the responsibility of the government and thus, it is necessary to have defined policies and planning for the establishment of conditions for economic freedom in the society. Creation of social condition for economic freedom of economic agents is a convenient orientation that is favorable with economic growth policies and must be internalized in the Iran's economic policies.
Morteza Sameti; Rohollah Shahnazi; Zahra Deghan Shabani
Volume 8, Issue 28 , October 2006, , Pages 87-105
Abstract
In this paper, factors affecting fiscal corruption, especially economic freedom, have been analyzed using three panel data models for 73 countries during 2000-2003. The results show three main components of economic freedom; i.e., legal structure and property rights, sound money and freedom ...
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In this paper, factors affecting fiscal corruption, especially economic freedom, have been analyzed using three panel data models for 73 countries during 2000-2003. The results show three main components of economic freedom; i.e., legal structure and property rights, sound money and freedom to exchange with foreigners, have positive effect on fiscal corruption. Two other component of economic freedom, i.e., size of government and regulation in credit, business and labor markets, have not significant effects on fiscal corruption.