The income produced from oil export has a considerable role in the economic sectors of Iran such as non-oil export, non-export sector and economic growth. This article used an extended version of Feder model (1982) to estimate the effects of oil and non-oil export in non-export sector and economic growth process in Iran since 1978-2011. The results suggest that oil export and non-oil export have a positive significant effect on the economic growth. Further, it shows that oil export has a positive significant externality effect on non-oil exports and non-export sectors. Also, non-oil export has a positive significant externality effect on non-exports sector.
Ranjbar, H., Daei-Karimzadeh, S., & Motaqed, S. (2014). Oil and Non-oil Export, Non-export Sector and Economic Growth: New Approach to Feder Economic Growth Model. Journal of Econometric Modelling, 1(2), 123-141. doi: 10.22075/jem.2017.1507
MLA
Homayoun Ranjbar; Saeed Daei-Karimzadeh; Saber Motaqed. "Oil and Non-oil Export, Non-export Sector and Economic Growth: New Approach to Feder Economic Growth Model", Journal of Econometric Modelling, 1, 2, 2014, 123-141. doi: 10.22075/jem.2017.1507
HARVARD
Ranjbar, H., Daei-Karimzadeh, S., Motaqed, S. (2014). 'Oil and Non-oil Export, Non-export Sector and Economic Growth: New Approach to Feder Economic Growth Model', Journal of Econometric Modelling, 1(2), pp. 123-141. doi: 10.22075/jem.2017.1507
VANCOUVER
Ranjbar, H., Daei-Karimzadeh, S., Motaqed, S. Oil and Non-oil Export, Non-export Sector and Economic Growth: New Approach to Feder Economic Growth Model. Journal of Econometric Modelling, 2014; 1(2): 123-141. doi: 10.22075/jem.2017.1507
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