The Role of Oil Revenue Shocks in Iranian Economy, A TVP- VAR Approach | ||
| Iranian Economic Review | ||
| مقاله 3، دوره 17، شماره 3، پاییز 2013، صفحه 43-52 اصل مقاله (126.41 K) | ||
| شناسه دیجیتال (DOI): 10.22059/ier.2013.73492 | ||
| نویسندگان | ||
| Mohsen Mehrara؛ Farkhondeh Jabalameli؛ Ramin Mojab* | ||
| Faculty of Economics , University of Tehran. | ||
| چکیده | ||
| In this paper, we analyze the effects of oil revenue shocks on different sectors of the Iranian economy. We use quarterly data of the Iranian economy from 1988:2 to 2011:1 to analyze a time-varying parameter VAR model with the Bayesian method. The results show that in the late 1980s and early 1990s, the positive effects of oil revenue were mostly emerged in the industrial and oil sectors, having almost no effect on services sector and negative effect on agricultural sector. In the 2000s, oil revenue is relatively less effective in the industrial sector, while more effective in the agricultural and services sectors. | ||
| کلیدواژهها | ||
| Keywords: Oil؛ Shock؛ Output؛ VAR؛ Bayesian | ||
| مراجع | ||
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آمار تعداد مشاهده مقاله: 533 تعداد دریافت فایل اصل مقاله: 459 |
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