Studying the Causality between Growth of Total Factor Productivity and Economic Growth(Case Study Commerce Sector)

Autor: Javad Rezaee, Mohammad Nadali, Javad Alizadeh
Jazyk: perština
Rok vydání: 2011
Předmět:
Zdroj: Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, Vol 11, Iss 41, Pp 111-135 (2011)
Druh dokumentu: article
ISSN: 1735-210X
2476-6453
Popis: This study examines the relationship between productivity growth and commerce sector growth during the period of 1981-2007 and examines empirically the causal link between productivity growth and commerce sector growth in Iran using unit root and co- integration techniques within a bi-variate vector auto– regressive (bVAR) and Vector Error Correction (VEC) framework. The results reveal a positive relationship between Productivity growth and commerce sector growth for Iran with the direction of causation running from productivity to commerce sector growth.
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