[Home ] [Archive]   [ فارسی ]  
:: About :: Main :: Current Issue :: Archive :: Search :: Submit :: Contact ::
:: Volume 10, Issue 36 (12-2021) ::
mieaoi 2021, 10(36): 227-245 Back to browse issues page
The response of economic resilience to economic shocks in Iran
Alireza Azizi1, Hashem Zare2, Hasan Moghimi esfandabadi3
1- PhD Student in Economics, Faculty of Economics and Management, Islamic Azad University, Shiraz, Iran (Corresponding Author) , azizi.alireza53@yahoo.com
2- Assistant Professor, Faculty of Economics and Management, Shiraz Branch, Islamic Azad University, Shiraz, Iran
3- PhD Student, Faculty of Economics and Management, Kish International Campus, University of Tehran, Iran
Abstract:   (1622 Views)
 Economic resilience refers to the ability of an economy to be resilient to economic shocks. Returning to the same growth path before the shock is not necessarily desirable, especially if the previous growth path is lower than the growth path at the time of the shock. Therefore, the effect of shocks to the country's economy and the response of economic resilience to these shocks should be examined. In the present study, using the data of Iran in a period of 36 years between 1361-1396, this issue has been studied. The results show that in the long run, interest rate shocks cause the economy to reach a level below the previous equilibrium level and other shocks cause the economy to reach a level above the pre-shock equilibrium level.
In the present study, to investigate the economic resilience response to economic shocks in Iran, by the method of impulse response analysis (IR) in vector auto-regressive (VAR) models using data from the databases of the Central Bank of Iran and the world Bank  and Eviews9 software used.
Article number: 9
Keywords: Economic resilience, economic shock, macroeconomic variables.
Full-Text [PDF 387 kb]   (570 Downloads)    
Article type: Applicable | Subject: Special
Received: 2021/05/11 | Accepted: 2021/10/25 | Published: 2021/12/1
Send email to the article author

Add your comments about this article
Your username or Email:

CAPTCHA


XML   Persian Abstract   Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

azizi A, zare H, moghimi esfandabadi H. The response of economic resilience to economic shocks in Iran. mieaoi. 2021; 10 (36) :227-245
URL: http://mieaoi.ir/article-1-1070-en.html


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 10, Issue 36 (12-2021) Back to browse issues page
نشریه اقتصاد و بانکداری اسلامی Islamic Economics & Banking
Persian site map - English site map - Created in 0.04 seconds with 30 queries by YEKTAWEB 4414