IDEAS home Printed from https://ideas.repec.org/p/ags/iaae12/126192.html
   My bibliography  Save this paper

Study of Economic Globalization and Growth of Agricultural Sector of Iran

Author

Listed:
  • Nabieyan, Sedigheh
  • Suryaprakash, Satrasala

Abstract

After an inward-looking strategy during the Iran-Iraq war (1980-1988), Iran has moved towards a more liberalized and open market structure. So this paper studied the effect of the process of economic globalization on agricultural sector of Iran. Sinha’s growth model was used to estimate the relationship between globalization factors and growth in agricultural sector. The stationarity of variables, Engle-Granger’s causal relationships and co-integration relationship between variables were determined. An error correction framework was applied to capture the short-run and the long-run dynamic in the growth model. Opened economy could be a cause of investing in agricultural sector, and agricultural investment could be cause of openness. No long-run equilibrium relationship observed between FDI and agricultural value addition and between FDI and agricultural investment. Openness would increase investment and growth in agricultural sector. Agricultural growth was observed to be based on labour than the investment in short-run, whereas in long-run it is mostly based on investment.

Suggested Citation

  • Nabieyan, Sedigheh & Suryaprakash, Satrasala, 2012. "Study of Economic Globalization and Growth of Agricultural Sector of Iran," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126192, International Association of Agricultural Economists.
  • Handle: RePEc:ags:iaae12:126192
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/126192
    Download Restriction: no

    More about this item

    Keywords

    Engle-Granger’s causal relationships; Error correction model and Globalization; International Relations/Trade; Public Economics; Research Methods/ Statistical Methods;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:iaae12:126192. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/iaaeeea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.