سیاستگذاریهای اقتصادی و مالی در حوزههای فوقالذکر در سطوح ملی، منطقهای و جهانی
Danial Farbod; Mohammad Ali Falahi; Narges Salehnia
Abstract
Today, many risks, including economic, financial, and political ones, threaten the economies of countries. On the other hand, governments try to manage the negative consequences and neutralize or minimize their impact on the economy. A review of the situation shows that most underdeveloped and developing ...
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Today, many risks, including economic, financial, and political ones, threaten the economies of countries. On the other hand, governments try to manage the negative consequences and neutralize or minimize their impact on the economy. A review of the situation shows that most underdeveloped and developing countries, especially those rich in natural resources (resource rents), have been severely affected by these internal and external shocks (resource curse) due to their high dependence on oil revenues; in contrast, developed countries have suffered less by adopting appropriate policies. The purpose of this study is to construct and introduce a composite resource curse vulnerability index and then investigate the impact of each of the economic, financial, and political risks on the resource curse vulnerability index. Therefore, using the latest available data, the econometric approach of panel data was performed for 14 selected countries in the Mena region from 2005 to 2018. Results indicate an inverse and significant relationship between independent variable risks on the dependent variable (resource curse vulnerability index), which confirms the research hypotheses.
Reza Darisavi Bahmanshir; Ali Akbar Naji Meidani; Ali Akbar Naji Meidani; Narges Salehnia
Abstract
The purpose of this study was to investigate the effect of technology changes and environmental constraints on the estimated oil demand function of non-OECD countries that import oil from Iran based on symmetric and asymmetric specification. For this purpose, data from the 1970 to 2014 period were used ...
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The purpose of this study was to investigate the effect of technology changes and environmental constraints on the estimated oil demand function of non-OECD countries that import oil from Iran based on symmetric and asymmetric specification. For this purpose, data from the 1970 to 2014 period were used by non-OECD non-OECD oil importers from Iran, including Russia, South Africa, China, and India. Given the first-order difference between the variables studied, the modified least squares method (FMOLS) was used to estimate. The results of this study showed that imposing environmental limitations on carbon dioxide reductions in oil-importing countries from Iran could reduce oil demand from oil-importing countries from Iran. Also, the results showed that improving technology in the selected countries of the oil importer from Iran will increase the demand for these oil products.
Fatemeh Hajisami; Mohammod Hossin Mahdavi Adeli; Narges Salehnia
Abstract
Among energy carriers, the role of oil is more remarkable in economic development of developed and developing countries. But the fluctuations in oil price, existence of constant challenges between suppliers and demanders, the beginning of descending trend of production and promoting the energy security ...
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Among energy carriers, the role of oil is more remarkable in economic development of developed and developing countries. But the fluctuations in oil price, existence of constant challenges between suppliers and demanders, the beginning of descending trend of production and promoting the energy security in its consuming countries have caused besides oil, its substitutes find specific importance. Development and extraction of unconventional resources on one hand have made changes in reservoirs ranking in different areas of the world and has weakened the dependency of consuming countries and on the other hand, it has affected the changing trend of oil price. In this respect, the present study investigates the causal relationship between oil price and supplying unconventional oil and gas during time period of 2000-2015. Two techniques named Granger technique and Toda and Yamamoto technique have been used to investigate the causal relationship. The results of the research show that in all studying period (2000-2015) the unconventional supply is the strong and direct cause for oil price and the indirect and weak price are introduced as the causes of unconventional supply. Also, based on the results, the strong impact of financial markets on the supply of unconventional resources and oil prices has been achieved. On the other hands the results show that unconventional supply will affect the supply of OPEC in the long term (2000-2015). Therefore, this achievement for OPEC countries, as well as Iran, can be used as a result of a strategic change in production policy.
