This paper examines the relationship between productivity growth and oil growth during the period of 1981-2007. It first, reviews the theoretical and empirical a literature and measures productivity growth in Iranian oil sector. The paper also examines the causal link between productivity growth and oil growth in Iran using unit root and co- integration techniques within a bi-Variate Vector Auto – Regressive (bVAR) and Vector Error Correction (VEC) framework. The results revealed a positive relationship between productivity growth and oil growth in Iran. The causation is directed from productivity growth toward oil growth.
Nadali, M., Rezaee, J. & Salahmanesh, A. (2012). The Relationship between Total FactorProductivity and Oil Growth. Quarterly Journal of Quantitative Economics (JQE), 9(1), 113–131. https://doi.org/10.22055/jqe.2012.10590
MLA
Nadali, M., Rezaee, J., & Salahmanesh, A. "The Relationship between Total FactorProductivity and Oil Growth", Quarterly Journal of Quantitative Economics (JQE), 9, 1, 2012, 113–131. doi: 10.22055/jqe.2012.10590
HARVARD
Nadali, M., Rezaee, J., & Salahmanesh, A. (2012). 'The Relationship between Total FactorProductivity and Oil Growth', Quarterly Journal of Quantitative Economics (JQE), 9(1), pp. 113–131. doi: 10.22055/jqe.2012.10590
CHICAGO
Nadali, M., Rezaee, J. & Salahmanesh, A., "The Relationship between Total FactorProductivity and Oil Growth." Quarterly Journal of Quantitative Economics (JQE), 9 1 (2012): 113–131, doi: 10.22055/jqe.2012.10590
VANCOUVER
Nadali M., Rezaee J., Salahmanesh A. The Relationship between Total FactorProductivity and Oil Growth. Quantitative Economics. 2012;9(1):113–131 (In Persian). doi: 10.22055/jqe.2012.10590
