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Effects of Government Investment in Energy Sector on Growth, Employment and Private Investment in Iran

International journal of energy economics and policy, 2017, Vol.7 (6), p.103

2017. This work is published under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and conditions, you may use this content in accordance with the terms of the License. ;ISSN: 2146-4553 ;EISSN: 2146-4553

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  • Title:
    Effects of Government Investment in Energy Sector on Growth, Employment and Private Investment in Iran
  • Author: Abbas Assari Arani ; Raziyeh Mohammadi Saber ; Agheli, Lotfali
  • Subjects: Energy industry
  • Is Part Of: International journal of energy economics and policy, 2017, Vol.7 (6), p.103
  • Description: This research analyzes governmental investment effects in energy sector including subsectors of oil, gas and electricity on growth, private investment and employment in agriculture, industry and mining, and services during 1971-2013. We use vector autoregressive models in order to derive the response of variables, impulse response function and variance decomposition. The results indicate that governmental investment influence growth in agriculture, industries and mining, and services negatively but in median-term, it influences agriculture, and industries and mining positively. Effect of government investment is positive for private investment. In industries and mining sector, the relationship is positive in long term and negative in middle term.
  • Publisher: Mersin: EconJournals
  • Language: English
  • Identifier: ISSN: 2146-4553
    EISSN: 2146-4553
  • Source: Open Access: DOAJ Directory of Open Access Journals
    AUTh Library subscriptions: ProQuest Central
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