the main aim in this research has been to determining the growth regime in iran based on an open economy concerning the bhaduri and marglin(1990) model.  this model which has been widely used in post keynesian economics is a kaleckian-post keynesian macroeconomic model which is based on effective demand. bhaduri and marglin(1990) concerning wage as a cost item as well as a component of aggregat...

The Effect of Educational Expenditures on Added Value in Industrial Sector K. Shahbaazi, Ph.D. M. Hassani, Ph.D. N. Shahbaazi Since 78% of the work force in Iranian industries consists of those holding a high school diploma or less, any investment in increasing this level of education could lead to an increase in the added value in the industrial sector. Analyses of the availabl...

Submitted: Jul 2, 2013; Accepted: Aug 14, 2013; Published: Aug 29, 2013 Abstract: The main focus of the study is to find the determinants of money demand in Pakistan. We used disaggregated expenditures approach in this regard. To find the co-integration among the variables of the model, Johansen co-integration approach is utilized. The results of the study show that the co-integration exists am...

The present paper examines the effect of government consumption expenditures on economic growth in D-8 countries during the period of 1988 to 2010 using the panel data method. Iran, Turkey, Indonesia, Bangladesh, Nigeria, Egypt, Pakistan and Malaysia are the countries that have been researched in this study. Fixed effect method is used for the model estimation that has been acquired from Lizard...

Previous work by has shown that lumpy investment models well characterize individual expenditures on durables, in particular automobiles. In that class of models, a higher level of uncertainty generally implies that the household should tolerate a larger imbalance between the actual stock of the durable and the target stock before closing it by buying and/or selling. Then, if the level of uncer...

The National Health Expenditure Accounts (NHEA) were revised with the release of the 2004 estimates. The largest revision was the incorporation of a more comprehensive measure of investment in medical sector capital. The revision raised total health expenditures' share of gross domestic product (GDP) from 15.4 to 15.8 percent in 2003. The improved measure encompasses investment in moveable equi...

This paper estimates the effect of research and investment activities on patents across countries, industries and over time. The first result of the paper is the recognition of the importance of investment activities in contributing to technical change. The positive role of research expenditures is also confirmed but its elasticity is found to be lower than in previous studies. Important differ...

In a recent paper, Net Neutrality, Reclassification and Investment: A Counterfactual Analysis1, I used the difference-in-differences methodology to estimate the effect on telecommunications investment of the Federal Communications Commission’s (“FCC”) Net Neutrality policies, including especially the Agency’s decision to reclassify broadband as a Title II common carrier telecommunications servi...