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How Do Agricultural Subsectors Respond to Productivity Shocks? Evidence from a Bayesian DSGE Model in Iran

Author

Listed:
  • Khosravi, Mahdi

    (Department of Agricultural Economics, Faculty of Agriculture, Shahid Bahonar University of Kerman)

  • Mehrabi Boshrabadi, Hossein

    (Department of Agricultural Economics, Faculty of Agriculture, Shahid Bahonar University of Kerman)

  • Ahmadyan, Azam

    (Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran)

  • Jalaei, Seyed Abdolmajid

    (Department ofl Economics, Faculty of managment, Shahid Bahonar University of Kerman)

Abstract

Understanding the dynamics of productivity shocks is instrumental if we are to identify the sources of economic growth. This paper, investigates dynamic effects of positives productivity shocks to agricultural subsectors during the period from 1991-2015, by disaggregating agricultural sector in Iran into four key subsectors (crops, livestock, fishing and forestry)

Suggested Citation

  • Khosravi, Mahdi & Mehrabi Boshrabadi, Hossein & Ahmadyan, Azam & Jalaei, Seyed Abdolmajid, 2016. "How Do Agricultural Subsectors Respond to Productivity Shocks? Evidence from a Bayesian DSGE Model in Iran," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 11(3), pages 305-330, July.
    • Handle: RePEc:mbr:jmonec:v:11:y:2016:i:3:p:305-330
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    References listed on IDEAS

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