Innovation is the key to the economic development in today’s knowledge driven economy. World markets increasingly demand knowledge-intensive production and innovation-based competition. Iran still remains largely a natural-resource-based economy. To become competitive in today’s market it needs urgent shift towards a more knowledge-based economy which requires strong innovation system. This stu...

This paper examines the transformation of the Iranian economy through the Twentieth Century within a global context. At the start of that century, the Iranian economy had long remained stagnant, poor, and largely agrarian, with a marginal role in the world economy. By the turn of 21 century, Iran had transformed into a complex and relatively large economy with important consequences for the eco...

this paper investigates the forecasting performance of different time-varying bvar models for iranian inflation. forecast accuracy of a bvar model with litterman’s prior compared with a time-varying bvar model (a version introduced by doan et al., 1984); and a modified time-varying bvar model, where the autoregressive coefficients are held constant and only the deterministic components are allo...

c onsidering the normative nature of the theories of justice, a distinguished theory of justice could be formulated based on the fundamental teachings of islam. hence a new set of indexes are required to put this new concept to test. through detailed study of the islamic teachings, the research seeks to formulate a comprehensive theory on economic justice (based on various economic rights). in...

Now a day’s due to emerging global economy, e-commerce and e-business have increasingly become a necessary component of business strategy and a strong catalyst for economic development. The integration of information and communications technology in business has revolutionized relationships within organizations and those between and among organizations and individuals. The new information techn...

The goal of this study is to investigate the effect of trade liberalization on economic growth in Iranian economy using a Cobb–Douglas production function, which is expanded to take into account political instability and trade liberalization. The empirical results show that in the long run the real export and import duty have positive effect on GDP, while the Labor force and education causes to...

External Shocks, Exchange Rate Changes, and Intermediate Goods: Explanation of Stagflation in Iranian Economy