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  • 标题:Analyzing the relationship among inflation, productivity and trade liberalization in Iran's economySaeed Samadi-1, Meysam Ghalandari-2, Ozra Bayani-3
  • 本地全文:下载
  • 作者:Saeed Samadi- ; Meysam Ghalandari- ; Ozra Bayani-
  • 期刊名称:International Journal of Economics and Research
  • 电子版ISSN:2229-6158
  • 出版年度:2012
  • 卷号:3
  • 期号:3
  • 页码:52-63
  • 出版社:Sanben Agency
  • 摘要:Undoubtedly enhancement of productivity is one of the necessities of economic growth. Recognizing effective factors on the total productivity growth or decrease are among the issues considered by researchers. According to many economists high inflation in economy is one of the most important factors which disrupts productivity growth. On the other side, many developing countries believe that they could obtain economic growth through exports increase. Today business is the development engine of economy of most advanced and developing communities and has found its role and place in economic activities. On the other side, economic growth doesn't depend on size and extent of human force rather it depends on its efficiency. Improving human force quality causes the labor force to become more skilled and experienced from one side and advancement and improvement of knowledge and technology cause the capital factor to become more efficient from the other side. Thus it is observed that development of efficiency and productivity in both production factors is resulted from training and advancement of technical knowledge. Therefore, primary objectives of this study are to analyze the impacts of inflation and total factor productivity on each other and studying the impacts of trade liberalization on inflation and productivity variables in Iran in the period 1982-2010. Inserting commercial models into the growth models and their relation with inflation and using vector auto-regression method (VAR) are innovations of the present study. Variables of models in this study are productivity growth, nominal growth of wage, inflation rate, volume of money, interest rate and openness degree of business. Research data was adopted from WDI software and the Central Bank website. Results of the study indicate reverse impacts of inflation and productivity on each other and positive impact of trade liberalization on productivity.
  • 关键词:inflation; productivity; trade liberalization; Iran's economy; vector auto-regression method
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