Analyses of Information and Energy Segments of the Iranian and Indian Economies

َAli Asghar Banouei (), Mohammad Jolodari Mamaghani, Uma Swaminathan, Jilian Banouei and Mojtaba Mohagheghi
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َAli Asghar Banouei: Associate professor, Faculty of Economics, Allameh Tabatabaei University, Tehran
Mohammad Jolodari Mamaghani: Professor, Faculty of Economics, Allameh Tabatabaei University, Tehran
Uma Swaminathan: Associate professor, Department of Economics, Mumbai University, Mumbai, India
Jilian Banouei: Faculty of Allameh Tabatabaei’s Eco-college of Insurance, Tehran
Mojtaba Mohagheghi: M.A in Economics, Foreign Operations Division of Bank Mellat, Tehran, Iran

Iranian Economic Review (IER), 2009, vol. 14, issue 1, 41-59

Abstract: This paper analyses the interdependence between information and energy segments of the Iranian and Indian economies. The Iranian economy is an energy-based resource exporting economy and the Indian economy is a non-resource energy importing economy. Despite the diversified structures, informatization of the two economies appears to be a common goal for structural changes in the two countries. The main objective of this paper is to quantify the informatization of the two economies. The informatization is considered in terms of structural changes with respect to trend substitution between information and energy segments using macroeconomic approach. For this purpose we use two sets of IOTS: 1991-2001 for Iran and 1994-1999 for India. The overall results reveal substitution trend between information and energy segments of the Indian economy which means energy saving whereas a complementary trends is observed for the Iranian economy which mean the absence of energy saving.

Keywords: Input-output; Information Economy; Leontief Inverse; Informatization; Substitution Trend (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:eut:journl:v:14:y:2009:i:1:p:41

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