One way to finance government expenditures is to collect taxes. Regarding to this financial source compared with other sources positive tax knowledge sharing amongst people or tax payers lead to effective investment. Unlike developing countries in developed countries - that taxes have little...

This paper estimates the long-term trend of seasonal real GDP in Iran, using a new econometric technique called Adaptive Least Squares (ALS). ALS is a special case of Kalman Filter that allows a time-varying parameter model to be estimated relatively easy. The estimated trend is used to proxy...

In this paper we first describe the stochastic optimal control algorithm called ((OPTCON)). The algorithm minimizes an intertemporal objective loss function subject to a nonlinear dynamic system in order to achieve optimal value of control (or instrument) variables. Second as an application, we...

This paper investigates the existence of Granger causality and co-integrated relationships between tourism related Foreign Direct Investment (FDI)and tourism development in developing countries using panel VECM techniques from 1995 to 2008. The results confirm the existence of a co-integrated...

The purpose of the present paper is to investigate the cross-sectional impacts of macroeconomic factors on economic growth and testing the hypothesis that inflation has negative effect on economic growth in 90 developing countries during 1995-2003. Methodology: We use a simultaneous equations...

In this paper, we investigate empirically the effect of Information and Communication Technologies (ICT) and monetary shocks as sources of business cycle in the economy of Iran. We follow of Gali's (1999) who proposes identifying technology shocks by a bivariate structural vector auto regression...

Economists and policy-makers believe that the fiscal decentralization is an effective strategy to promote economic growth. This study intends to analyze the relationship between fiscal decentralization and economic growth in Iran, over the period of 2001-2007 across the 30 provinces of the...