ORIGINAL_ARTICLE
A Projection of inflationary gap on the basis of P* model in Iran
Different economic schools have for long been discussing therelationship between money and price introducing different definitionsof inflation on the basis of their particular views. However, it can be saidthat most of the economists unanimously believe that inflation in thelong run is a monetary phenomenon.Iran has experienced different rates of inflation in the period betweenA.D. ١٩٦١-١٩٩٨ A.H. (solar) ١٣٤٠-١٣٧٧. Several extensive studies weremade in Iran to analyze this issue, most of which concentrated onmonetary approach.In this paper we, too follow the monetary approach in our discussion ofthe subject relying on the recently introduced P* Model Method.Velocity and output gaps and the occurrence of financial innovationsand major developments in money circulation (velocity) were used inmaking this study.First we try to apply the performance of the standard P* model in Iran.Then the extended P* model, in which both domestic and foreign pricegaps are considered, will be examined.The Results of the study show that the domestic price gap cannotexplain the inflation in Iran. The reason is that because velocity isunstable, it depends on volatility of exchange rate. Also, the output gapdoes not play a significant role in various versions of their inflationmodels. On the other hand, aggregate price gap and foreign price gapexplain our inflation clearly and it can be said that foreign price gap hasa crucial role in defining inflation.
https://iee.rihu.ac.ir/article_325_052e56a1ea00bfe6b7cfbc01b1e26f43.pdf
2004-09-22
10
39
Inflation – Price Gap – Potential Output – Output Gap – Velocity Gap
Firozeh
Azizi
(azizi_f21@ yahoo.com
1
عضو هیئت علمی دانشگاه تربیت مدرس
AUTHOR
ORIGINAL_ARTICLE
Estimating the Production Function of Iran, s Hospitals
Throughout the world, People refer directly or indirectly to hospitals.As a result of the growth in urbanization, the living standards haveimproved, but some diseases have emerged too. The hospitals need tomeet the increasing demands of people and their frequent andrandom visits. This issue has been considered in Iran in resent yearsand the present article tries to address it. It reveals the determinantfactors on hospital production function using cross section data of 287selected hospitals in Iran for 2001 in the context of an econometricpattern.The results show that the number of physicians, nurses, and hospitalbeds are the main factors affecting the production function ofhospitals services and the final productivity of nurses are the mostimportant factor.
https://iee.rihu.ac.ir/article_326_0b4c1c816a4d10b0db60a6614e631c09.pdf
2004-09-22
40
68
Hospitals
Production Function
physicians
nurses
hospital beds
Majid
Sabbagh Kermani
1
دانشیار اقتصاد دانشگاه تربیت مدرس
AUTHOR
Vahid
Shaghaghi Shahri
2
دانشجوی کارشناسی ارشد اقتصاد و پژوهشگر موسسه مطالعاتی و پژوهشهای بازرگانی
AUTHOR
ORIGINAL_ARTICLE
The Factors of Investment Security in Iran
The amount of investment in any economy depends on a number ofinvariables one of the most important of which is the security ofinvestment. The amount of investment and the causes of lack ofsecurity for investing can be viewed from two sides:١. The objective approach to security in which attempts are made tounderline the objective invariables which indicate how efficientthe institutions responsible for maintaining security are.٢. The subjective approach to security in which attempts are made torealize the degree of security in a country, the causes of lack ofsecurity, the influence of each of these causes on marketing ingeneral. In order to be able to form an idea about all this, theactual investors are interviewed. The logical idea of investigatingsecurity through this approach is to provide investors with asubjective view of how safe it is to invest so that they can decidewithout feeling worried.The article is mainly concerned with the factors of insecurity ofinvestment in Iran in the light of the report written by internationalorganizations. It discusses the conditions of marking in Iran and thedegree of risks in it. The account which the report introduces ismainly based on the second approach.
https://iee.rihu.ac.ir/article_327_a6fb037154cfa65a120c315d0da68a3b.pdf
2004-09-22
70
116
Investment
Security
objective and subjective security
Mohammadhossein
hosseinzadeh Bahreini
1
عضو هیئت علمی دانشکده علوم اداری و اقتصاد دانشگاه فردوسی مشهد
AUTHOR
ORIGINAL_ARTICLE
An Analysis of Reverse Capital Flow among Rich and Poor Countries (A Critical Review of R.E.Lucas's Paper)
This study is a critical review of locus's paper (١٩٩٠) on internationalcapital mobility. The key question that he addresses is:" Why doescapital not flow from rich to poor countries?" The author deals withthe subject by critically reviewing Lucas's work, and his choice ofmodel and analytical objective, and tries to investigate crudely thenecessary issues which were either neglected or did not receive dueattention, such as: reverse human capital, inconsistent rules andregulations, and high investment risks in poor countries.Finally, in addition to the concluded remarks, primary suggestionsare made with respect to reduction of political risk, development andapplication of proper rules to prevent money laundering and financialcorruption…
https://iee.rihu.ac.ir/article_328_15588e23a639525aac6e0b0a3f6b2b71.pdf
2004-09-22
118
136
Capital flow
proportion of marginal productivity of capital (among countries)
human capital
externalities
political risk
reverse capital flow
national invention system
Rahim
Dallali Isfahani
1
عضو هیئت علمی دانشگاه اصفهان
AUTHOR
Sohrab
Delangizan
2
عضو هیئت علمی دانشگاه رازی
AUTHOR
ORIGINAL_ARTICLE
Classification of OIC Countries Based on Factors Influencing Foreign Direct Investment (FDI)
There are several indices based on which the member states of theOrganization of the Islamic Countries (OIC) can be classified inattracting foreign direct investments. Some of the more importantones are gross domestic product (per capita or its growth rate),inflation rate, trade openness index, wage rate index or unit labor cost(ULC), the ratio of savings to gross domestic product, the ratio offoreign debt to gross domestic product, average tariff rate, the ratio ofgovernment expenditure to gross domestic product, the GiniCoefficient (an income distribution indicator), the ratio of domesticinvestment to gross domestic product, time laps in foreigninvestments, exchange rate variability, political stability index,foreign investment risk index, economic freedom index, globalizationindex, regionalism index and other factors impacting foreigninvestment attraction.In this article an attempt is made to classify the member states of theOrganization of the Islamic Countries, OIC, based on their ability toattract foreign direct investments, FDI. In so doing, economic, socialand political indices affecting FDI were introduced and then by usingthe Numerical Taxonomy technique this classification was done. Theresults indicate that Iran is in the thirty fifth places among forty threecountries.
https://iee.rihu.ac.ir/article_329_4d161203422f8018cb9414651acad8a4.pdf
2004-09-22
138
157
Member states of the Organization of the Islamic Countries (OIC)
Foreign Direct Investment (FDI)
Taxonomy
globalization
and
Regionalism
Reza
Najarzadeh
reza_najarzadeh@yahoo.com
1
عضو هیئت علمی دانشگاه تربیت مدرس
AUTHOR
Vaheed
Shaghaghi Shahri
2
دانشجوی کارشناسی ارشد اقتصاد و پژوهشگر موسسه مطالعات و پژوهشهای بازرگانی
AUTHOR
ORIGINAL_ARTICLE
Ethics, Economics and Environment
Utilitarianism – that, according to the many economists, is one of themost basic foundations of common economics – and also paretocriterion – that, coincided with it, is basis of many economic decisions– are counted among important factors of environmental pollutions.According to in sufficiency of common economic solutions that areused to prevent environmental damage, to be administered of valuedoctrines of economic system of Islam in society can provide suitablebackground for preservation of natural resources and environment.
https://iee.rihu.ac.ir/article_330_e98874369fc134200b9a4d33e08be439.pdf
2004-09-22
160
179
Natural resources and environment
economic system of capitalism
economic system of Islam
utilitarianism
Pareto criterion of efficiency
Abolghasem
tohidinia
atohidinia@yahoo.com
1
کارشناس ارشد علوم اقتصادی
AUTHOR