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بررسي تأثير شوك هاي پايه پولي و درآمدهاي نفتي دولت بر اقتصاد ايران با استفاده از تكنيك مدلسازي تعادل عمومي پوياي تصادفي

Authors :
علي محمدي پور
علي سلمانپور زنوز
سيد فخرالدين فخرحسيني
Source :
Quarterly Journal of Economic Growth & Development Research; Jun2020, Vol. 10 Issue 39, p93-112, 20p
Publication Year :
2020

Abstract

Emphasizing on designing the four paths of oil and energy impact on the Iranian economy, a New-Keynesian comprehensive DSGE model is simulated. In the present study, shocks in the form of two important paths monetary base and government oil revenues are analyzed. Monetary impulses, in addition to inflation, instantly have a positive impact on nominal and real exchange rates, firms' investment, employment, production, import of consumer and capital goods. The impulse for government oil revenues in the first period will also increase government development and current expenditure, general price level, import of capital and consumer goods, and household consumption. Then the demand side of the economy is expanded crosssectionally and increased non-oil production at the rate of 0.8%. In contrast, with the decline in private sector investment and employment, non-oil production has fallen sharply over two periods, even falling from a stable long-term situation, which means that the Resource Curse in the Iranian economy is realizing. On the other hand, as a result of the shocks in oil revenues, the Crowding-Out Effect on the Iranian economy will be strengthened as government capital spending increases and firms' investments decrease. [ABSTRACT FROM AUTHOR]

Details

Language :
Persian
ISSN :
22285954
Volume :
10
Issue :
39
Database :
Complementary Index
Journal :
Quarterly Journal of Economic Growth & Development Research
Publication Type :
Academic Journal
Accession number :
144294022