Studying the Dynamic Interrelation of Value Added in Economics Sectors of Iran

Volume 6, Issue 22 - Serial Number 3
Autumn 2009
Pages 147-167

Authors

Abstract
In most growth theories, economists have been searching ways of faster economic growth to emphasize interrelation sector. In this paper, we have surveyed the interactional relationships among economic sectors (services, agriculture and industry) in period 1980 - 2004. We have used vector autoregressive models (VAR) to estimate their dynamic interrelation effects on each other. The result is that these sectors are complementary in Iran and the growth of each sector relates to other sector's growth. Also, the relationship between agriculture and industry sector is of most importance.

Keywords

  • Receive Date 05 July 2014
  • First Publish Date 05 July 2014
  • Publish Date 23 September 2009