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dc.contributor.authorPahlavani, Mosayeb
dc.contributor.authorWilson, Ed
dc.contributor.authorC. Worthington, Andrew
dc.date.accessioned2017-05-03T13:06:33Z
dc.date.available2017-05-03T13:06:33Z
dc.date.issued2005
dc.identifier.issn15469239
dc.identifier.doi10.3844/ajassp.2005.1158.1165
dc.identifier.urihttp://hdl.handle.net/10072/21883
dc.description.abstractThis study employed annual time series data (1960-2003) and unit root tests with multiple breaks to determine the most likely times of structural breaks in major factors impacting on the trade-GDP nexus in Iran We found, inter alia, that the endogenously determined structural breaks coincided with important events in the Iranian economy, including the 1979 Islamic revolution and the outbreak of the Iraq-Iran war in 1980. By applying the Lumsdaine and Papell (1997) approach, the stationarity of the variable under investigation was examined and in the presence of structural breaks, we found that the null hypothesis of unit root could be rejected for all of the variables under analysis except one. Under such circumstances, applying the ARDL procedure was the best way of determining long run relationships. For this reason, the error correction version of the autoregressive distributed lag procedure (ARDL) was then employed to specify the short and long-term determinants of economic growth in the presence of structural breaks. The results showed that while the effects of gross capital formation and oil exports were important for the expansion of the Iranian GDP over the sample period, non-oil exports and human capital were generally less pivotal. It was also found that the speed of adjustment in the estimated models is relatively high and had the expected significant and negative sign.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.format.extent192870 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglish
dc.language.isoeng
dc.publisherScience Publications
dc.publisher.placeUnited States
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom1158
dc.relation.ispartofpageto1165
dc.relation.ispartofissue7
dc.relation.ispartofjournalAmerican Journal of Applied Sciences
dc.relation.ispartofvolume2
dc.rights.retentionY
dc.subject.fieldofresearchcode340208
dc.titleTrade-GDP Nexus in Iran: An Application of the Autoregressive Distributed Lag (ARDL) Model
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.rights.copyright© The Author(s) 2005. The attached file is reproduced here in accordance with the copyright policy of the publisher. For information about this journal please refer to the journal’s website or contact the author[s].
gro.date.issued2015-02-04T04:26:14Z
gro.hasfulltextFull Text
gro.griffith.authorWorthington, Andrew C.


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