Volume 13, Issue 3 (2013)                   QJER 2013, 13(3): 109-124 | Back to browse issues page

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Behboudi D, Asgharpur H A, Bastan F, Seif Y. The Impact of Oil Revenues on Social Capital in Iran. QJER 2013; 13 (3) :109-124
URL: http://ecor.modares.ac.ir/article-18-3793-en.html
The Impact of Oil Revenues on Social Capital in Iran
Davood Behboudi * 1, Hossein Asgharpur Asgharpur1 , Faranak Bastan2 , Yazdan Seif3
1- Associate Professor of Economics, University of Tabriz.
2- MA in Economics, University of Tabriz.
3- Researcher of the Institute for Trade Studies and Research
Abstract:   (11847 Views)
In oil-abundant countries, oil revenues, due to various reasons such as mismanagement, can influence the economic and social conditions and hinder development. This paper examines the relationship between oil revenues and social capital in Iran during 1976-2007. To do this, the Autoregressive Distributed Lags (ARDL) approach and bound testing approach for co-integration are used to analyze data and estimate the model. The results indicate that oil revenues as an indicator for abundance of the natural resources have significant and negative influence on social capital. In addition, GDP per capita has positive impact on social capital in Iran.  
Keywords: O13, Z13, : Oil revenues, Social Capital, economic growth, ARDL approach, Bound testing approach for co-integration JEL Classification: Z13, O13, Q3
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Received: 2011/11/21 | Revised: 2013/09/9 | Accepted: 2012/04/22 | Published: 2013/08/23
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