This paper presents an endogenous growth model in which the research activity is ...nanced by intermediaries that are able to reduce the incidence of researcher’s moral hazard. It is shown that ...nancial activity is growth promoting because it increases research productivity. It is also found that a subsidy to the ...nancial sector may have larger growth e¤ects than a direct subsidy to researc...

In this work a model is executed to understand dynamics of the key productivity factors in manufacturing industries. It aimed show contribution improvement strategy. The diverse causal relations among are brought together cohesive system investigate performance. Three feedback loops-driver, and index - recognized their role strategy discussed. A loop diagram constructed develop detailed model. ...

Although the implementation of targeted energy subsidies plan has been considered by policymakers since the First 5-year Economic, Social and Cultural Development Plan in Iran, it is only partially implemented in 2010. This issue has great importance for industry sector that has benefited from subsidized energy prices. This research attempts to investigate the possible impact of implementing Su...