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Is Negligible Absorbed Foreign Investment, Effective On GRP Growth? (Case Study: Iran)

Author

Listed:
  • Hassanali Aghajani

    (PHD of Industrial Management. Department of Human Science. Mazandaran University, Iran)

  • Zahra Gholampoor

    (Master of Management, University Lecturer, Payame Noor University, Iran)

  • Esmatosadat Taheri

    (Master of Business Management, Iran)

  • Fatemeh Yahyatabar

    (Master of Business Management, Iran)

Abstract

The necessity of capital to maintain investment and also use of new potentials and opportunities in order to sustain growth and economic development is clear. Iran needs development's strategy and this development requires continuous investment. As we know Iran encounter with countless economic and political sanction and these sanctions were effective on absorbing foreign investment's volume during recent years. We try to study whether negligible foreign investment is effective on GRP Growth? The casual relationship between GRP Growth and foreign investment growth were studied by use of Hsiao casual test in the years of 2000-2010. Findings showed there was perceivable mutual relationship between GRP Growth and foreign investment.

Suggested Citation

  • Hassanali Aghajani & Zahra Gholampoor & Esmatosadat Taheri & Fatemeh Yahyatabar, 2013. "Is Negligible Absorbed Foreign Investment, Effective On GRP Growth? (Case Study: Iran)," International Journal of Resistive Economics, Toroudshomal Research-Industrial Company, vol. 1(1), pages 38-43, October.
    • Handle: RePEc:trd:journl:v:1:y:2014:i:1:p:38-43
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