The Impact of Economic Sanctions on Iran's Economic Growth Rate (Fuzzy Approach)
Economic growth rate is one of the most important economic variables that are affected by various factors. According to empirical studies, many visible and invisible political, social, and economic factors have been effective on the growth rate in Iran; Factors that cannot all be included in an econ...
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Center for Development Research and Foresight
2023-11-01
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| Series: | پژوهشهای برنامه و توسعه |
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| Online Access: | https://www.journaldfrc.ir/article_189414_cd71f80ea2bec5d4855443fea3d882de.pdf |
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| author | Mostafa Elmimoghaddam Mostafa Shokri Asghar Abolhasani Hastiani Minoo Amini Milani Nasrin Mansouri |
| author_facet | Mostafa Elmimoghaddam Mostafa Shokri Asghar Abolhasani Hastiani Minoo Amini Milani Nasrin Mansouri |
| author_sort | Mostafa Elmimoghaddam |
| collection | DOAJ |
| description | Economic growth rate is one of the most important economic variables that are affected by various factors. According to empirical studies, many visible and invisible political, social, and economic factors have been effective on the growth rate in Iran; Factors that cannot all be included in an economic model. The conventional methods preclude us from commenting with certainty about the effectiveness of some of these factors on the growth rate. Based on this argument, in this research, the fuzzy approach has been used to investigate the effect of the economic sanctions imposed against Iran along with other variables affecting the economic growth rate in the period after the Islamic Revolution (1357-1400). The results show that severe economic sanctions with a high and strong fuzzy coefficient have had a significant negative effect on the growth rate in Iran. After severe sanctions, budget deficit, liquidity, exchange rate, and moderate sanctions have had the most negative effects on the economic growth rate in this period. The fuzzy coefficients obtained for the variables of oil revenues, labor force growth, physical capital, human capital, degree of openness of the economy, economic growth rate of the previous year, and net foreign direct investment in Iran, respectively, indicate the positive effect of these variables on the growth rate in this period of time. Also, the result of the re-estimation of the model, taking into account the first breaks of the variables of oil revenues and budget deficit in the economic growth rate, confirms the output of the first model. In this case, severe economic sanctions have had the most negative effect on Iran's economic growth rate. |
| format | Article |
| id | doaj-art-a22a9bfc4d5044a6bf44b0df846be1b5 |
| institution | DOAJ |
| issn | 2645-7466 2717-0365 |
| language | fas |
| publishDate | 2023-11-01 |
| publisher | Center for Development Research and Foresight |
| record_format | Article |
| series | پژوهشهای برنامه و توسعه |
| spelling | doaj-art-a22a9bfc4d5044a6bf44b0df846be1b52025-08-20T02:56:51ZfasCenter for Development Research and Foresightپژوهشهای برنامه و توسعه2645-74662717-03652023-11-01437911810.22034/pbr.2023.189414189414The Impact of Economic Sanctions on Iran's Economic Growth Rate (Fuzzy Approach)Mostafa Elmimoghaddam0Mostafa Shokri1Asghar Abolhasani Hastiani2Minoo Amini Milani3Nasrin Mansouri4Assistant Professor, Department of Economics, Payame Noor University, Tehran, Iran .PhD in International Economics, Tabriz University, Tabriz, Iran.Professor, Department of Economics, Payame Noor University, Tehran, Iran.Assistant Professor, Department of Economics, Payame Noor University, Tehran, Iran.Assistant Professor, Department of Economics, Payame Noor University, Tehran, Iran.Economic growth rate is one of the most important economic variables that are affected by various factors. According to empirical studies, many visible and invisible political, social, and economic factors have been effective on the growth rate in Iran; Factors that cannot all be included in an economic model. The conventional methods preclude us from commenting with certainty about the effectiveness of some of these factors on the growth rate. Based on this argument, in this research, the fuzzy approach has been used to investigate the effect of the economic sanctions imposed against Iran along with other variables affecting the economic growth rate in the period after the Islamic Revolution (1357-1400). The results show that severe economic sanctions with a high and strong fuzzy coefficient have had a significant negative effect on the growth rate in Iran. After severe sanctions, budget deficit, liquidity, exchange rate, and moderate sanctions have had the most negative effects on the economic growth rate in this period. The fuzzy coefficients obtained for the variables of oil revenues, labor force growth, physical capital, human capital, degree of openness of the economy, economic growth rate of the previous year, and net foreign direct investment in Iran, respectively, indicate the positive effect of these variables on the growth rate in this period of time. Also, the result of the re-estimation of the model, taking into account the first breaks of the variables of oil revenues and budget deficit in the economic growth rate, confirms the output of the first model. In this case, severe economic sanctions have had the most negative effect on Iran's economic growth rate.https://www.journaldfrc.ir/article_189414_cd71f80ea2bec5d4855443fea3d882de.pdfeconomic sanctionseconomic growth rateiranfuzzy regression |
| spellingShingle | Mostafa Elmimoghaddam Mostafa Shokri Asghar Abolhasani Hastiani Minoo Amini Milani Nasrin Mansouri The Impact of Economic Sanctions on Iran's Economic Growth Rate (Fuzzy Approach) پژوهشهای برنامه و توسعه economic sanctions economic growth rate iran fuzzy regression |
| title | The Impact of Economic Sanctions on Iran's Economic Growth Rate (Fuzzy Approach) |
| title_full | The Impact of Economic Sanctions on Iran's Economic Growth Rate (Fuzzy Approach) |
| title_fullStr | The Impact of Economic Sanctions on Iran's Economic Growth Rate (Fuzzy Approach) |
| title_full_unstemmed | The Impact of Economic Sanctions on Iran's Economic Growth Rate (Fuzzy Approach) |
| title_short | The Impact of Economic Sanctions on Iran's Economic Growth Rate (Fuzzy Approach) |
| title_sort | impact of economic sanctions on iran s economic growth rate fuzzy approach |
| topic | economic sanctions economic growth rate iran fuzzy regression |
| url | https://www.journaldfrc.ir/article_189414_cd71f80ea2bec5d4855443fea3d882de.pdf |
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