Public sector decision-makers are faced with the task of allocating resources among different alternative subject due budgetary constraints. In this paper Official Development Assistance (ODA) data have been considered as foreign aid. ODA is channeled through the public sector of recipient...

Higher education, through increasing the human capital stock of individuals, improves productivity and therefore contributes to economic growth. From economic point of view, this type of expenditure is considered as a long-run investment which increases growth rate and forms a higher capacity of...

Productivity is often computed by approximating the weighted sum of the inputs from the estimation of the Cobb-Douglas production function. Such estimates, however, may suffer from simultaneity and selection biases. Olley and Pakes (1996) introduced a semi-parametric method which allows us to...

Carpet industry in Iran is one of the most popular industries in non-oil sector that has a potential capacity to absorb the foreign exchange and in addition to promote employment, and more job opportunities. This industry is also capable to compete in international arena and has very important...

In this paper we argue about the determinants that influence the process of financial market integration in the East Asia-Pacific region. We question whether GDP, Exchange rate and real interest rate influence the financial integration. We construct a regression specification with respect to a...

As economies progressively integrate globally, the financial structures of markets and the world of finance changes. One of the definitions of financial globalization is integration of domestic financial system of a country with the global financial markets and institutions. It is now accepted...

This paper explores effects of financial liberalization on macroeconomic volatilities (such as economic growth, real exchange rate and exchange rate pass through) in developing countries. It also examines the interaction between such volatilities in a theoretical and empirical framework of a...

The aim of this paper has been to evaluate the effect of trade openness on the Iran’s environmental quality arising from its trade relations with the selected countries in East Asia, Middle East and OECD over the period 1991-2007. The study emphasizes on the scale, composition and technique...