Trade liberalization, financial development and economic growth in the long term: The case of Iran

• Authors: Mohammad Nabi Shahiki Tash , Zahra Sheidaei
• Languages of publication: EN

Abstracts

EN

This study seeks to empirically examine the joint impact of trade liberalization and financial development on economic growth in Iran, using endogenous growth theory during the period 1966-2010. In this article principal component analysis is applied to make better indexes for trade liberalization, financial development and the joint effects of both. The empirical findings obtained from Johansen co-integration procedure signify a positive relationship between trade liberalization, financial development and the joint impact on economic growth in Iran.

Keywords

EN

Trade liberalization; financial development; economic growth

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Prague Development Center, Czech Republic
• Journal: Business and Economic Horizons
• Year: 2012
• Volume: 8
• Issue: 2
• Pages: 33-45

Contributors

author

Mohammad Nabi Shahiki Tash

author

Zahra Sheidaei

• Business and Economic Horizons, redakce, Prague Development Center s.r.o., Bořivojova 1081 / 40, 130 00, Prague 3 - Žižkov, Czech Republic