1. introduction nowadays in most of the countries in the world there is a growing trend towards decentralization and development of local governments. one of the most cited reasons for this issue is the fact that most of the countries apply the decentralization process as a method for enhancing the performance of public sectors and the economic development in as much as the central government w...

in some of the new economic growth models, we pay attention to the effects of financial development on economic growth. this research investigates the relationship between capital market and economic growth in macro level during 1991-2011. the research is organized as follows: the introduction comes as the first section. in section ii, we review the literature on the relationship between econom...

This paper is an exploration of the relationships among the firm's financial structure, its choice of liquid asset holdings, and growth. The literature on the determinants of economic growth has long studied the role of financial development in promoting growth. The literature on corporate finance provides some microeconomic underpinnings for this relationship in the form of a variety of partia...

There is divergence of opinion regarding the consequences of population growth for economic development. Some view rapid population growth as a real problem while others assert that it is not a matter of grave concern. Crossnational evidence on the relationship between population growth and economic growth is inconsistent because the underlying parameters and assumptions vary across countries. ...

Stress in financial markets influences economic agents’ behavior by creating uncertainty and changing the expectations. Critical financial stress can lead to financial crisis. Financial crises are among the events always present in the world economy. Iran is not an exception. This paper aims to study the impact of financial stresses on Iran’s per capita GDP. By using ARDL (Auto Regressive Distr...