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The Effect of Oil Export Fluctuations on Agricultural Growth in Iran

Publish Year: 1390
Type: Journal paper
Language: English
View: 412

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Document National Code:

JR_JEAD-25-3_014

Index date: 24 October 2017

The Effect of Oil Export Fluctuations on Agricultural Growth in Iran abstract

Oil export revenues have a major share in both Iranian government incomes and Gross domestic product (GDP). With regard to the importance of agricultural sector in economic growth, rural development and rural welfare improvement, this sector indubitably influenced by temporary and unexpected shocks in oil export. Therefore we employed Feder(1982) and Auto-Regressive Distributed Lag (ARDL) models to investigate the effects of oil export instability on agricultural growth in Iran during 1972-2007 period. The results show that there is a long run relationship and co integration between agricultural value added and other variables in specified model. Also, accompanied by other variables the effects of oil exports fluctuations as a new variable is negative and significant.

The Effect of Oil Export Fluctuations on Agricultural Growth in Iran Keywords:

The Effect of Oil Export Fluctuations on Agricultural Growth in Iran authors

M. Piri

M.sc of Agricultural Economics. Zabol University

E. Javdan

PhD Student of Agricultural Economics, Tabriz University

S. Faraji Dizaji

PhD Student of Economics, Tarbiat Modares University