Determinants of Government’s Budget Deficit in Iran: 1989-2015 (in Persian)

Mohammad Mowlaei () and Marziyeh Abdian ()
Additional contact information
Mohammad Mowlaei: Department of Economics, Bu-Ali Sina University
Marziyeh Abdian: Department of Economics, Bu-Ali Sina University.

The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه), 2018, vol. 23, issue 1, 59-78

Abstract: The public budget is an official manuscript forecasting the economy for a short period (one year), and its proper execution can be viewed as an index of economic success for the government. The governments are generally unable to execute the balanced budget and in order to finance current and infrastructure expenditure, they will face budget deficit. The purpose of this research is to explore the determinants of budget deficit during the five economic plans (1989-2015). Accordingly, using Johansen-Juselius Co-integration and ARDL approach, the effects of tax incomes, oil incomes, government expenditure, the rate of economic growth and the rate of inflation on the budget deficit are estimated. The results show that the budget deficit has a significant and negative relationship with tax incomes, oil incomes and economic growth rate; whereas it has a significant and positive relationship with government expenditures and the inflation rate. Moreover, oil revenues have the largest impact on the public budget deficit, while the economic growth rate has the least impact.

Keywords: ARDL Model; Budget Deficit; Oil Income; Tax Income; Economic Growth; Inflationary Rate. (search for similar items in EconPapers)
JEL-codes: E62 H11 H62 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://jpbud.ir/article-1-1681-en.pdf (application/pdf)
http://jpbud.ir/article-1-1681-en.html (text/html)
http://jpbud.ir/article-1-1681-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:23:y:2018:i:1:p:59-78

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 ).