EN
Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran)
Abstract
Foreign trade is one of the important subjects in any economy. Due to the close relationship between economy, technology, culture, and governance, business has a significant effect on economies. This study analyses the relationship between domestic production and purchasing power which is proxied by inflation rate by considering certain indexes of intranational trade. Our targeted country is Iran and data are between1973 and2013. Because of limited access to data our sample size was small which motivate us to use Autoregressive Distributed Lag (ARDL) technique that is appropriate for the small sample size analysis. The estimated coefficient of GDP, value-added agriculture and industry were negative and significant. Therefore, it was claimed that there is a negative and significant relationship between domestic production and purchasing power which is proxied by inflation rate by controlling for certain variables of international trade.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
December 1, 2017
Submission Date
December 1, 2017
Acceptance Date
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Published in Issue
Year 2017 Volume: 7 Number: 4
APA
Almasifard, M., & Khorasani, S. T. (2017). Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran). International Journal of Economics and Financial Issues, 7(4), 244-253. https://izlik.org/JA22HY77XA
AMA
1.Almasifard M, Khorasani ST. Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran). IJEFI. 2017;7(4):244-253. https://izlik.org/JA22HY77XA
Chicago
Almasifard, Maryam, and Sasan Torabzadeh Khorasani. 2017. “Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran)”. International Journal of Economics and Financial Issues 7 (4): 244-53. https://izlik.org/JA22HY77XA.
EndNote
Almasifard M, Khorasani ST (December 1, 2017) Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran). International Journal of Economics and Financial Issues 7 4 244–253.
IEEE
[1]M. Almasifard and S. T. Khorasani, “Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran)”, IJEFI, vol. 7, no. 4, pp. 244–253, Dec. 2017, [Online]. Available: https://izlik.org/JA22HY77XA
ISNAD
Almasifard, Maryam - Khorasani, Sasan Torabzadeh. “Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran)”. International Journal of Economics and Financial Issues 7/4 (December 1, 2017): 244-253. https://izlik.org/JA22HY77XA.
JAMA
1.Almasifard M, Khorasani ST. Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran). IJEFI. 2017;7:244–253.
MLA
Almasifard, Maryam, and Sasan Torabzadeh Khorasani. “Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran)”. International Journal of Economics and Financial Issues, vol. 7, no. 4, Dec. 2017, pp. 244-53, https://izlik.org/JA22HY77XA.
Vancouver
1.Maryam Almasifard, Sasan Torabzadeh Khorasani. Relationship Between Domestic Production in Agricultural and Industrial Sectors and Purchasing Power by Controlling for International Trade Variables (Iran). IJEFI [Internet]. 2017 Dec. 1;7(4):244-53. Available from: https://izlik.org/JA22HY77XA