The Effects of Petroleum Price on Economic Growth and Government’s Financial Variables in Iran (in Persian)

Sajad Ebrahimi ()
Additional contact information
Sajad Ebrahimi: Ph.D. Student, University of Tehran

The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه), 2011, vol. 16, issue 1, 47-73

Abstract: Petroleum price is a variable which affects the economies of all countries (either exporters or importers). This paper uses Iran’s economic data during 1959-2006 to study the petroleum price impact on Government’s financial variables and economic growth through cointegrated VAR method. An influential facet of petroleum price is uncertainty and its effect. This uncertainty is taken from GARCH (1,1) model. Unsymmetrical effects of petroleum price on the variables of the model are examined as well. According to the findings, the main hypothesis of the study about the effectiveness of the petroleum price on Iran’s economy through Government’s budget, is not rejected.

Keywords: Petroleum Price; Government’s Financial Variables; Uncertainty; VAR. (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://jpbud.ir/article-1-273-en.pdf (application/pdf)
http://jpbud.ir/article-1-273-en.html (text/html)
http://jpbud.ir/article-1-273-fa.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:auv:jipbud:v:16:y:2011:i:1:p:47-73

Access Statistics for this article

More articles in The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه) from Institute for Management and Planning studies Contact information at EDIRC.
Bibliographic data for series maintained by Nahid Jebeli ( this e-mail address is bad, please contact ).