Is Negligible Absorbed Foreign Investment, Effective On GRP Growth? (Case Study: Iran)

Hassanali Aghajani (), Zahra Gholampoor (), Esmatosadat Taheri () and Fatemeh Yahyatabar ()
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Hassanali Aghajani: PHD of Industrial Management. Department of Human Science. Mazandaran University, Iran
Zahra Gholampoor: Master of Management, University Lecturer, Payame Noor University, Iran
Esmatosadat Taheri: Master of Business Management, Iran
Fatemeh Yahyatabar: Master of Business Management, Iran

International Journal of Resistive Economics, 2013, vol. 1, issue 1, 38-43

Abstract: The necessity of capital to maintain investment and also use of new potentials and opportunities in order to sustain growth and economic development is clear. Iran needs development's strategy and this development requires continuous investment. As we know Iran encounter with countless economic and political sanction and these sanctions were effective on absorbing foreign investment's volume during recent years. We try to study whether negligible foreign investment is effective on GRP Growth? The casual relationship between GRP Growth and foreign investment growth were studied by use of Hsiao casual test in the years of 2000-2010. Findings showed there was perceivable mutual relationship between GRP Growth and foreign investment.

Keywords: GRP Growth; Foreign Investment Growth; Iran Provinces (search for similar items in EconPapers)
Date: 2013
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