The effects of oil and non-oil exports on economic growth: a case study of the Iranian economy

被引：10

作者：

Hosseini, Seyed Mehrshad Parvin ^{[1
]}

Tang, Chor Foon ^{[2
]}

机构：

[1] Univ Sains Malaysia, Sch Social Sci, Econ Programme, George Town 11800, Malaysia

[2] Univ Sains Malaysia, Ctr Policy Res & Int Studies, George Town 11800, Malaysia

来源：

ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA | 2014年 / 27卷 / 01期

关键词：

causality; exports; economic growth; oil; Iran; LIKELIHOOD RATIO TESTS; LED GROWTH; GREAT CRASH; PRICE SHOCK; COINTEGRATION; CAUSALITY; NEXUS; HYPOTHESIS; INFERENCE; DEMAND;

D O I：

10.1080/1331677X.2014.967534

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study attempts to re-investigate the role of oil and non-oil exports in economic growth in Iran using the multivariate cointegration and Granger causality methods. This study covers the annual data from 1970 to 2008. Throughout this study, our empirical results indicate that the variables are cointegrated and the Granger causality test reveals evidence of uni-directional causality from oil and non-oil exports to economic growth. Therefore, we confirm that the export-led growth hypothesis is valid in Iran. However, results show that oil export has an inverse effect on economic growth, thus we suggest encouraging non-oil export activities in order to stimulate long-term economic growth in Iran.

引用

页码：427 / 441

页数：15

共 50 条

[1] The Effects of Fiscal Policy on Non-Oil Economic Growth
Hasanov, Fakhri
Mammadov, Fuad
Al-Musehel, Nayef
[J]. ECONOMIES, 2018, 6 (02):
[2] Oil exports and the Iranian economy
Esfahani, Hadi Salehi
Mohaddes, Kamiar
Pesaran, M. Hashem
[J]. QUARTERLY REVIEW OF ECONOMICS AND FINANCE, 2013, 53 (03): : 221 - 237
[3] Oil Exports, Non-Oil GDP, and Investment in the GCC Countries
Harb, Nasri
[J]. REVIEW OF DEVELOPMENT ECONOMICS, 2009, 13 (04) : 695 - 708
[4] Foreign direct investment and oil/non-oil economic growth in GCC countries
Medhioub, Imed
[J]. MIDDLE EAST JOURNAL OF MANAGEMENT, 2016, 3 (04) : 294 - 308
[5] The non-oil institutional sectors and economic growth in Saudi Arabia
Raid, Moodhi
Ahmad, Nisar
Bagadeem, Salim A.
Alzyadat, Jumah
Alhawal, Hisham
[J]. COGENT ECONOMICS & FINANCE, 2024, 12 (01):
[6] Oil rents and non-oil economic growth in CIS oil exporters. The role of financial development
Hasanov, Fakhri J.
Aliyev, Ruslan
Taskin, Dilvin
Suleymanov, Elchin
[J]. RESOURCES POLICY, 2023, 82
[7] Bank credits and non-oil economic growth: Evidence from Azerbaijan
Hasanov, Fakhri
Huseynov, Fariz
[J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2013, 27 : 597 - 610
[8] Non-Oil Sector and Economic Growth in Nigeria: The National Accounts Perspective
Ideh, Abel Oghenevwoke
Okolo, Ndu Marvis
Emengini, Emeka Steve
[J]. EUROPEAN JOURNAL OF SUSTAINABLE DEVELOPMENT, 2021, 10 (01): : 185 - 202
[9] AN EVALUATION OF ASYMMETRIC AND SYMMETRIC EFFECTS OF OIL EXPORTS SHOCKS ON NON-TRADABLE SECTOR OF IRANIAN ECONOMY
Shirinbakhsh, Shamsollah
Bayat, Maryam Moghaddas
[J]. ROMANIAN JOURNAL OF ECONOMIC FORECASTING, 2011, 14 (01): : 106 - 124
[10] Identify and evaluate factors affecting non-oil exports using FGDM
Rafiee, Sudabeh Morshedian
Neghabi, Zahra Houshmand
[J]. LIFE SCIENCE JOURNAL-ACTA ZHENGZHOU UNIVERSITY OVERSEAS EDITION, 2012, 9 (03): : 2038 - 2047

← 1 2 3 4 5 →