The article examines whether the stock market is predictable, and provides evidence that several basic financial and economic factors have predictive power for the market excess return. The explanatory power of the Multifactor and Autoregressive (AR) models to the expected return of the Tehran...

Mistuning, imperfections in cyclical symmetry of bladed disks is an inevitable and perilous occurrence due to many factors including manufacturing tolerances and in-service wear and tear. It can cause some unpredictable phenomena such as mode splitting, mode localization and dramatic difference...

The causal relationship between government revenue and government expenditure is an important subject in public economics especially to the control of budget deficit. The purpose of this study is to investigate the relationship between government revenue and government expenditure in Iran by...

This paper employs annual time series data on Iranian exports, imports and economic growth from 1960 to 2003. Procedures are used to endogenously identify structural breaks in these macroeconomic series and then to incorporate these breaks in unit root tests. An initial finding is that the...

This paper estimates the interdependencies between capital formation, saving and output for Iran. The analysis is complicated because of the conflicting theoretical and empirical findings of their relative roles in other studies, the lack of research on Iran whose turbulent history makes it...

This paper investigates the impact of the Australia-New Zealand Closer Economic Relations (CER) Trade Agreement on bilateral trade of each member country by using historical time series data before and after the implementation of the CER. We determined the existence of endogenously determined...

Over the past few decades the brisk development of information and communication technologies (ICT) has had a phenomenal impact on the economic stability and development of many countries. Empirical studies show that most developed economies have gained significant payoffs (in terms of economic...

This paper employs all available annual time series data to endogenously determine the timing of structural breaks for 10 macroeconomic variables in the Australian economy. The ADF (Augmented Dickey and Fuller) test and the LP (Lumsdaine and Papell, 1997) test are used to examine the time series...

This dissertation examines the major determinants of GDP growth in Iran using annual time series data spanning the years from 1960 through 2003. The Iranian economy has been subject to a multitude of structural changes and regime shifts during the sample period. Thus after applying conventional...

Most research on performance evaluation of agricultural crops in Iran analyzes technical efficiency with estimation of stochastic production function. In this paper in spite of past research we survey cost efficiency with panel data. Information about input prices, yield and production cost per...