Record Details

Democracy: An opportunity or a threat to Iran's economic structure

Turkish Economic Review

View Archive Info
 
 
Field Value
 
Title Democracy: An opportunity or a threat to Iran's economic structure
 
Creator MADJUMERD, Madjid Hatefi;

Ph.D in Economics, Department of Economics,University of Sistan and Baluchestan


JALALI, Omolbanin; Ph.D Candidate in Economics, Department of Economics, Yazd University

Ph.D Candidate in Economics, Department of Economics,

Yazd University
ASHRAFI, Mohamad Esmaeel; M.A. in Economics
 
Subject Cabinet changes; Political risks; Oil economy; Non-oil economy.
G15; G12; F52
 
Description Abstract. The main aim of this study is to evaluate the role of democracy in Iran’s economic structure during 1983 to 2012. Iran’s economic structure is divided into two oil and non-oil parts and is investigated in the governments of Seyed Ali Khamenei, Ali Akbar Hashemi Rafsanjani, Seyed Mohammad Khatami, and Mahmoud Ahmadinejad. In this context, the government of Mr. Khamenei is selected as the base government and other governments are compared to that. Results of the oil part showed that the government of Mr. Khatami had a better performance in terms of capital, labor and political risk. With regard to oil exports, the two other governments have had the same performance as the base government. Results of the non-oil part showed that the effect of exports on economic growth in the governments of Mr. Hashemi Rafsanjani and Ahmadinejad is like the base government; while it is significantly different from the base government in the government of Mr. Khatami. Labor has had a negative effect in Mr. Hashemi Rafsanjani and Ahmadinejad’s governments, while its impact on economic growth is positive in Khatami's government. Political risks had the greatest effect on economic growth in the government of Mr. Ahmadinejad (relative to Mr. Hashemi Rafsanjani and Mr. Khatami’s governments). Keywords. Cabinet changes, Political risks, Oil economy, Non-oil economy.JEL. G15, G12, F52.
 
Publisher Turkish Economic Review
Turkish Economic Review
 
Contributor —
 
Date 2017-09-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/TER/article/view/1353
10.1453/ter.v4i3.1353
 
Source Turkish Economic Review; Vol 4, No 3 (2017): September; 326-333
Turkish Economic Review; Vol 4, No 3 (2017): September; 326-333
2149-0414
 
Language eng
 
Relation http://www.kspjournals.org/index.php/TER/article/view/1353/1435
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/1353/667
 
Rights Copyright (c) 2017 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0