Saeed Farahani Fard, Majid Feshari, Yavar Khanzadeh,
Volume 6, Issue 20 (7-2015)
Abstract
Financial institution as a non-bank financial institutions, institutions that are active in mediating funds in financial markets. Services are in many ways similar to the services provided by banks. Because the relationship between the development of non-bank financial institutions and Iranian gross domestic production (GDP) seem important. In this context, the main objective of this study was to investigate the effect of non-bank financial institutions in the areas of facilities of GDP contracts with other variables such as per capita GDP and employment effects on the labor force for the period 1999Q1-2013Q4. To estimate the Generalized Method of Moments (GMM) is used to model estimation results indicate a significant positive impact on the development of non-bank financial institutions and facilities with regard to Islamic contracts. The per capita income and employment variables have a significant positive impact on GDP respectively.
Ali Asghar Salem, Morteza Niazi,
Volume 8, Issue 28 (7-2017)
Abstract
Religious tourism is very important either in Iran and in the international level. In this study dynamic linear almost ideal demand system and formulas of price and income elasticity were applied to estimate demand for religious trips. To this end, micro data of household budget prepared by Census center of Iran for 1991-2011 has been applied in this study.
According to the results, income elasticity of religious trips is about 0/42 , that means one percent increase in income will lead to an increase of 0/4 percent in demand for religious trips. Also the price elasticity of demand in all commodity groups is negative and price elasticity of religious trips is about -0/98.
Hosein Mohammadi, Mehdi Mahmoudi,
Volume 8, Issue 28 (7-2017)
Abstract
Interest rate is one of the most important policy variabels in macroeconomic. Global financial crises and big debt in some countries around the world, make the importance interest rate more explicitly. In the carrent study, the effect of interest rate, inflation, government investment and expenditure on GDP capita per was investigated using panel data approach. Forthermore panel VAR method was used to consider the effects of each mentioned variables on each other and investigating causality relationships between these variabls. 20 Islamic and 19 Non-Islamic countries during 1990-2014 were selected for this study. The results show that in both Islamic and Non-Islamic countries, interest and inflation rate have a significant negative effect on GDP per capita. Government investment in both groups of countries have a significant positive effect on GDP per capita. These results are inline with economic theories. Finally, government expenditures in these groups of countries have different effect on GDP per capita. also lowering interest rate Non-Islamic countries has a considerable effect on other variables.
