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Uncertainty of Oil Proved Reserves and Economic Growth in Iran

Yıl 2016, Cilt: 6 Sayı: 3, 374 - 380, 01.09.2016

Öz

The relationship between the oil and the level of economic activity is a fundamental empirical issue in macroeconomics. Also, a part of major debates between the pessimists and the optimists approaches about economic growth is how uncertainty of proved reserves of non- renewable energy resources as a one of main inputs, effects on the economic growth; in other words, on the base of some optimistic new economic growth models, the uncertainty through positive shocks positively effects on the economic growth. So, to find some evidences about it, in this research we try to find experimentally direct effects of uncertainty of oil proved reserves on macroeconomics of Iran by using annually data from 1980 to 2013 by using Multivariate GARCH-in-mean VAR model. We find that uncertainty in oil proved reserves has not had statistically significant effect on aggregate output and the responses to positive and negative shocks are symmetric.

Yıl 2016, Cilt: 6 Sayı: 3, 374 - 380, 01.09.2016

Öz

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Ayrıntılar

Diğer ID JA62MM62TD
Bölüm Araştırma Makalesi
Yazarlar

Elaheh Asadi Mehmandosti Bu kişi benim

Fatemeh Bazzazan Bu kişi benim

Mir Hossein Mousavi Bu kişi benim

Yayımlanma Tarihi 1 Eylül 2016
Yayımlandığı Sayı Yıl 2016 Cilt: 6 Sayı: 3

Kaynak Göster

APA Mehmandosti, E. A., Bazzazan, F., & Mousavi, M. H. (2016). Uncertainty of Oil Proved Reserves and Economic Growth in Iran. International Journal of Energy Economics and Policy, 6(3), 374-380.
AMA Mehmandosti EA, Bazzazan F, Mousavi MH. Uncertainty of Oil Proved Reserves and Economic Growth in Iran. IJEEP. Eylül 2016;6(3):374-380.
Chicago Mehmandosti, Elaheh Asadi, Fatemeh Bazzazan, ve Mir Hossein Mousavi. “Uncertainty of Oil Proved Reserves and Economic Growth in Iran”. International Journal of Energy Economics and Policy 6, sy. 3 (Eylül 2016): 374-80.
EndNote Mehmandosti EA, Bazzazan F, Mousavi MH (01 Eylül 2016) Uncertainty of Oil Proved Reserves and Economic Growth in Iran. International Journal of Energy Economics and Policy 6 3 374–380.
IEEE E. A. Mehmandosti, F. Bazzazan, ve M. H. Mousavi, “Uncertainty of Oil Proved Reserves and Economic Growth in Iran”, IJEEP, c. 6, sy. 3, ss. 374–380, 2016.
ISNAD Mehmandosti, Elaheh Asadi vd. “Uncertainty of Oil Proved Reserves and Economic Growth in Iran”. International Journal of Energy Economics and Policy 6/3 (Eylül 2016), 374-380.
JAMA Mehmandosti EA, Bazzazan F, Mousavi MH. Uncertainty of Oil Proved Reserves and Economic Growth in Iran. IJEEP. 2016;6:374–380.
MLA Mehmandosti, Elaheh Asadi vd. “Uncertainty of Oil Proved Reserves and Economic Growth in Iran”. International Journal of Energy Economics and Policy, c. 6, sy. 3, 2016, ss. 374-80.
Vancouver Mehmandosti EA, Bazzazan F, Mousavi MH. Uncertainty of Oil Proved Reserves and Economic Growth in Iran. IJEEP. 2016;6(3):374-80.