Document Type : Original Article
Authors
1
Department of Economics, Central Tehran Branch, Islamic Azad University. Tehran Iran
2
Assistant professor. Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran.
3
Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran.
4
Assistant professor . Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran.
10.30490/aead.2024.360641.1484
Abstract
The main purpose of this article; Investigating the factors affecting economic growth with the approach of exchange rate and export (non-oil products, including agricultural products). In order to investigate the purpose of the article, an economic growth model based on conventional explanatory variables such as labor force growth, fixed physical capital growth and Solow's growth model (1956) and human capital based on the Lucas growth model (1988) was used, taking into account the real exchange rate variable. Is. The studied period is between 1353 and 1398. Vector autoregression (VAR) econometric model was used. In this article; First, the stationarity of the variables was investigated using the Dickey Fuller test, and it was shown that all the research variables were at the I_0 level. were stationary and using the Schwartz criterion, the optimal interval of one was determined. Next, the long-term relationships between the variables were measured using Johanson's test, and the vector regression model was fitted with an optimal interval of one. Also, in the continuation of estimating the shock effect of the dependent variable on the independent variables, it was analyzed and finally, the fluctuation rate of the variables was tested using variance analysis. The obtained results show that the exchange rate and export have an effect on the growth of Iran's economy.
)