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Showing 3 results for D11

Mohammad Ali Moradi, Masoumeh Tajick Khaveh,
Volume 10, Issue 4 (1-2011)
Abstract

Due to the poor development of the domestic financial markets in Iran, a lack of efficient tax system and some restrictions on foreign borrowing in recent decades, the government budget deficit was mainly financed through borrowing from either the central bank or through the selling of the oil revenue dollars to the central bank, both of which led to increased monetary base. It caused to increase the rate of inflation as well. While printing money creates revenue through seigniorage for the government, it decreases the purchasing power of the money and people prefer to hold less cash money because of the inflationary effects of monetization of budget deficit and finally it will reduce the seigniorage revenue of the government. The aim of this article is to analysis seigniorage revenue in Iran using money demand function approach. The Johansen-Juselius Cointegration technique is used to estimate the empirical model using annual data over the period 1961-2007. The results of estimates show that semi elasticity of inflation rate is negative of 5/59 and the elasticity of GDP per capita is positive of 2/36 in long run. After first oil boom, seigniorage-maximizing rate of inflation, except during the period of war, is lower than the actual rate of inflation. According to the result, the economy is generally on the wrong side of the Laffer curve. The result does not depend on whether the expectations of agents form adaptively or rationally.
Rahman Saadat, Moslem Ghasemi,
Volume 12, Issue 2 (7-2012)
Abstract

     This article examines the poverty rates for urban and rural areas of Kermanshah and the entire country using a Linear Expenditure System (LES) and Iterative Seemingly Unrelated Regression (ISUR) method during 1995-2007. Results indicate that poverty in rural and urban areas over the years in this province has an upturn trend. The findings also suggest that in rural and urban areas of Kermanshah, the group "foods" have biggest share of the poverty line. In rural areas of the country group "foods" have also the biggest share of the poverty line, but the largest share in country's urban areas belongs to group of "Housing and fuel". About elasticity the results show that in both urban and rural areas the group "other" and "appliances and furniture" are luxury.
Nematallah Akbari, Rahman Khoshakhlaq, Sara Mardiha,
Volume 13, Issue 3 (9-2013)
Abstract

Due to the rapid modernization process, we can see the inefficiency and obsolescence of urban textures in Isfahan alike the most Iran’s cities. Hence, renovation development of old textures should be one of the main goals in modernization of Isfahan. Analyzing the widespread dimensions of housing and identifying the ranking ways of different attributes of residential units by consumers is the most important step for being successful in housing projects. Since housing attributes are the non-marketed goods, we need to use non-market evaluation method to evaluate them.  In this paper Choice Experiment Method (CEM) has been used to evaluate and determine the consumer willingness to pay for various housing attributes. For this purpose, one of the old textures of Isfahan was selected and a sample of households living in that area was randomly drawn with 120 observations. Data was collected using choice experiment questionnaires and analyzed using STATA and EXCEL softwares. The results show that choice of residential unit is a function of 7 attributes including land area, quality and type of materials used in residential units, neighborhood security, access to major city centers, exemption from charge payments for construction, the amount of loan paid for construction and price of residential unit. Based on the results, the most effective variable is the land area; and residents have a high willingness to pay for this attribute rather than the other attributes.

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