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Abstract
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Article Information:
Non-Oil Exports and Economic Growth in Iran during 1978-2008
Mustafa Ersungur, Shahryar Fathi Mollae, Maryam Vusigian and Ali Besharat
Corresponding Author: Shahryar Fathi Mollae
Submitted: January 19, 2012
Accepted: March 02, 2012
Published: April 15, 2012 |
Abstract:
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Expansion of non-oil export has been emphasized in recent years by all governments and economic
experts regard it as one of the essential strategies raising economic growth. Different schools of economics
believe that foreign trade especially non-oil export is the moving motor of economic growth. Many
experimental studies have been conducted in the field as well. The present study aims to investigate the
relationship between non-oil export and economic growth in Iran in the years between 1978-2008. The data
needed for this study- time series about and non-oil export and Gross national product statistics -were collected
from the Iranian Central Banks. The basic model applied in this study is derived from some empirical study
conducted by researchers like “Ibrahim mirza” on “oil exports, non-oil exports, and economic Growth” in 2003
aiming to explore the effect of non-oil export on economic growth. In order to estimate the coefficients of
model, OLS method and Eviews software were used. After estimating the model and parameters, coefficients
and considering the t statistic regarding non-oil exports, the research hypothesis stating that the incrassation
of non-oil export in years between 1978-2008 affected economic growth is proven i.e., the coefficient
concerning non-oil exports is statistically meaningful.
Key words: Economic growth, export, foreign revenues, non-oil export, , ,
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Cite this Reference:
Mustafa Ersungur, Shahryar Fathi Mollae, Maryam Vusigian and Ali Besharat, . Non-Oil Exports and Economic Growth in Iran during 1978-2008. Asian Journal of Business Management, (2): 177-185.
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ISSN (Online): 2041-8752
ISSN (Print): 2041-8744 |
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