The relationship between government revenue and government expenditure has been an important topic in public economics, given its relevance for policy especially with respect to the budget deficit. Besides the theoretical arguments about this relation, vast empirical literature is also available...

In this paper, we investigate the relation between entrepreneurship and Added Value Growth in Industrial Sector. For this purpose, we investigated the data related to sistan and Baluchestan Province in the period of 2000 to 2010 by using endogenous growth model. In this model, we set Added Value...

In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC), suggests that environmental degradation increases in the early stages of growth, but it...

This paper examines causal relationships between environment, GDP and trade for Iran using annual data over the period 1970-201, applying the techniques of the long–run Granger non–causality test proposed by Toda and Yamamoto (1995). The results suggest that there is a long-run relationship...

This paper investigates the causal relationship between CO2 emissions and GDP in a panel of 11 selected oil exporting countries by using panel unit root tests and panel cointegration analysis for the period 1970-2011. A three-variable model is formulated with openness as the third variable. The...

This paper investigates the causal relationship between environmental quality, GDP and trade for MENA region countries by using panel unit root tests and panel cointegration analysis for the period 1970-2011. The results show a strong causality from GDP and trade to environmental quality in...

The objective of this paper is to examine the relationship among environment, economic growth and openness in Iran for the period 1970-2011, based on the autoregressive distributed lag (ARDL) approach. The study finds a cointegrating relationship among these variables with co2 emission as...

This paper investigates the causal relationship between environmental quality, economic growth and trade in D8 countries by using panel unit root tests and panel cointegration analysis for the period 1970-2011. The results suggest that there is a long-run relationship between these variables....

A central problem in empirical macroeconomics is to determine when and how much the exchange rate is misaligned. This paper clarifies and calculates the concept of the equilibrium real exchange rate, using a structural vector auto regression (VAR) model. By imposing long-run restrictions on a...

This paper explores the relation between inflation and economic growth in Iran using annual data for the period 1959-2004 to check whether this relation has a structural breakpoint effect. The results indicate the threshold level of inflation above which inflation significantly slows growth is...