The purpose of this paper is to investigate the system of oil revenues effects on the production performance of oil-rich countries in both short and long-run. To reveal new insight, a macroeconomic model is designed to hypothesize long-run structural relations in the economies of the oil-rich countries including three long-run relationships of real output, real money balance, and the adjusted p...

When countries change most favored nation (MFN) tariffs, partners that trade on MFN terms experience plausibly exogenous tariff changes. Using this variation, we estimate the elasticity at short and long horizons with local projections. We find of tariff-exclusive flows is ?0.76 in run, approximately ?2 run. Our long-run estimates are smaller than typical literature, it takes 7 to10 years to co...

this paper examines the short- and long-run effects of domestic research and development (r&d;) and foreign r&d; (throw the channels of capital goods import and foreign direct investment) on iranian economic growth using of endogenous growth models and bounds test approach to level relationship over the period of 1351-1386. bounds test approach results confirm the existence of long-run relation...