The importance of drug as a valuable export product in the global economy becomes more clear every day. Understanding the problems of exports and factors affecting it, can be an important step to keep Iran’s position in the world markets and further export development of this product.In this study, Iranian pharmaceutical exports’ supply and demand functions were calculated using co-integration ...

The importance of drug as a valuable export product in the global economy becomes more clear every day. Understanding the problems of exports and factors affecting it, can be an important step to keep Iran’s position in the world markets and further export development of this product.In this study, Iranian pharmaceutical exports’ supply and demand functions were calculated using co-integration ...

We review the optimality of partial insurance contracts in the presence of moral hazard when consumers are affected by probability weighting. In valuing risky prospects individuals commonly overweight extreme outcomes at the expense of intermediate outcomes; these deviations systematically bias the ex-ante value of insurance. We characterize optimal contracts for the case of perfectly competiti...

energy carriers including electricity play a critical role in human societies development, and as the time passes, their importance in the human socio-economic life rises. therefore, knowing electricity demand and the factors affecting on it could have an effective role in economic decision-making. while dividing electricity demand into different consuming sectors, this study uses economic vari...

nowadays, electricity is one of the most significant infrastructures required for economic development of countries. hence, predicting electricity demand is very important especially in industry as a major electricity-consuming sector. the majority of studies under the subject of electricity demand have been performed by econometrics and it is not possible to investigate the effect of different...

Based on the “Aggregate Demand” theory, monetary policies are designed with the aim of achieving desirable level of macroeconomic goals through affecting the stock of money supplyand income velocity of money. Thus, the velocity (V)-as well as money supply - has significant impact, particularly on rate of inflation through expansionary or contractionary monetary policy. To focus on the velocity ...

Agriculture has a key role to play in reducing poverty and hunger in many developing countries. About 75% of the world's poor live in rural areas and most are dependent on agriculture and related activities in the rural economy. For this reason the benefits for developing countries’ farmers have been shown to be substantial if OECD member countries reformed their agricultural policies. The issu...

Agriculture has a key role to play in reducing poverty and hunger in many developing countries. About 75% of the world's poor live in rural areas and most are dependent on agriculture and related activities in the rural economy. For this reason the benefits for developing countries’ farmers have been shown to be substantial if OECD member countries reformed their agricultural policies. The issu...