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Analyses of Information and Energy Segments of the Iranian and Indian Economies

Author

Listed:
  • َAli Asghar Banouei

    (Associate professor, Faculty of Economics, Allameh Tabatabaei University, Tehran)

  • Mohammad Jolodari Mamaghani

    (Professor, Faculty of Economics, Allameh Tabatabaei University, Tehran)

  • Uma Swaminathan

    (Associate professor, Department of Economics, Mumbai University, Mumbai, India)

  • Jilian Banouei

    (Faculty of Allameh Tabatabaei’s Eco-college of Insurance, Tehran)

  • Mojtaba Mohagheghi

    (M.A in Economics, Foreign Operations Division of Bank Mellat, Tehran, Iran)

Abstract

This paper analyses the interdependence between information and energy segments of the Iranian and Indian economies. The Iranian economy is an energy-based resource exporting economy and the Indian economy is a non-resource energy importing economy. Despite the diversified structures, informatization of the two economies appears to be a common goal for structural changes in the two countries. The main objective of this paper is to quantify the informatization of the two economies. The informatization is considered in terms of structural changes with respect to trend substitution between information and energy segments using macroeconomic approach. For this purpose we use two sets of IOTS: 1991-2001 for Iran and 1994-1999 for India. The overall results reveal substitution trend between information and energy segments of the Indian economy which means energy saving whereas a complementary trends is observed for the Iranian economy which mean the absence of energy saving.

Suggested Citation

  • َAli Asghar Banouei & Mohammad Jolodari Mamaghani & Uma Swaminathan & Jilian Banouei & Mojtaba Mohagheghi, 2009. "Analyses of Information and Energy Segments of the Iranian and Indian Economies," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 14(1), pages 41-59, spring.
    • Handle: RePEc:eut:journl:v:14:y:2009:i:1:p:41
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    References listed on IDEAS

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    1. A. A. Banouei, 1992. "Planning and Development Under the Monarchy and the Islamic Government of Iran: A Critical Assessment," International Studies, , vol. 29(1), pages 41-54, January.
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