In this research, the DCC model is estimated to calculate dynamic correlation series between crude oil price and growth of Industry and Mine sector during 1367:1-1392:4. Then, Macroeconomic variables which can explain the dynamic correlation are analyzed as variables of contagion. So, the...

This paper evaluates dynamic correlation between growth of Industry and Mine sector and crude oil price in Iran over the period of 1367:1 to 1389:4, with emphasis on the origin of oil price shocks. We apply Dynamic Conditional Correlation (DCC) model to estimate dynamic correlation. Our results...

In this research, the effect of Iran’s government’s expenditures on private sector’s investment during the period between 1971 to 2005 has been investigated. The results of the Cointegration vectors derived from the johansen method indicates that government investment expenditures have...

In this research, the effect of Iran’s government’s expenditures on private sector’s investment during the period between 1971 to 2005 has been investigated. The results of the Cointegration vectors derived from the johansen method indicates that government investment expenditures have...

This study aims to investigate the effects of government expenditures on private investment in Iran over the period 1971 - 2005. The government expenditures are disaggregated into consumption and investment expenditures.The empirical studies of the issue are carried out via Johansen...