Click for new scientific resources and news about Corona[COVID-19]

Paper Information

Journal:   JOURNAL OF ECONOMIC MODELING   spring 2018 , Volume 3 , Number 2 (9) ; Page(s) 123 To 153.
 
Paper: 

The Effect Of Trade Openness And Government Size On Macroeconomic Volatility In Iran: A Stochastic Volatility Model (Svm) Approach

 
 
Author(s):  Dashtban Farooji Majid*, Elyaspour Behnam, Abbasnezhad Masoud
 
* Department of Economics, University of Bojnord
 
Abstract: 
The main purpose of this paper is to examine the effect of trade openness and government size on macroeconomic volatility. Economic theories do not clearly show the effects of trade openness and government size on macroeconomic volatility. Therefore, this is essentially an empirical problem. Hence, we have presented an empirical model to test the effect of trade openness and government size on macroeconomic volatility in Iran over the period of 1352-1395. For this, first, the macroeconomic uncertainty was extracted using stochastic volatility model with leverage effects by technique of principal component analysis. The results showed that in the long run, trade openness and government expenditures have a positive effect on macroeconomic volatility in Iran. In addition, in the short run, there is no significant relationship between the relevant variables and macroeconomic volatility.
 
Keyword(s): Government Size,Trade Openness,Macroeconomic Volatility,Stochastic Volatility Model with Leverage Effect
 
 
International related papers: 
  • No item.
 
Most related Highly related Moderately related Least related
 
References: 
  • Not Registered.
  •  
  •  
 
Citations: 
  • Not Registered.
 
+ Click to Cite.
APA: Copy

DASHTBAN FAROOJI, M., & elyaspour, b., & Abbasnezhad, M. (2018). The Effect of Trade Openness and Government Size on Macroeconomic Volatility in Iran: A Stochastic Volatility Model (SVM) Approach. JOURNAL OF ECONOMIC MODELING, 3(2 (9) ), 123-153. https://www.sid.ir/en/journal/ViewPaper.aspx?id=834080



Vancouver: Copy

DASHTBAN FAROOJI MAJID, elyaspour behnam, Abbasnezhad Masoud. The Effect of Trade Openness and Government Size on Macroeconomic Volatility in Iran: A Stochastic Volatility Model (SVM) Approach. JOURNAL OF ECONOMIC MODELING. 2018 [cited 2022January29];3(2 (9) ):123-153. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=834080



IEEE: Copy

DASHTBAN FAROOJI, M., elyaspour, b., Abbasnezhad, M., 2018. The Effect of Trade Openness and Government Size on Macroeconomic Volatility in Iran: A Stochastic Volatility Model (SVM) Approach. JOURNAL OF ECONOMIC MODELING, [online] 3(2 (9) ), pp.123-153. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=834080.



 
 
Persian Abstract Yearly Visit 15
 
 
Latest on Blog
Enter SID Blog