Ehsan Zanganeh; Gholamreza Zamanian; Mohammad Nabi Shahiki Tash; Ali Cheshomi
Abstract
In Iran's economy, most of the financial resources needed by economic enterprises are provided through the granting of facilities by the banking network. Therefore, studying the factors affecting banking facilities in the private sector in Iran's economy is of particular importance. In this article, ...
Read More
In Iran's economy, most of the financial resources needed by economic enterprises are provided through the granting of facilities by the banking network. Therefore, studying the factors affecting banking facilities in the private sector in Iran's economy is of particular importance. In this article, we investigate the factors affecting the facilities granted by banks using quarterly data from the Iranian economy from 1379 to 1399 with the nonlinear Markov switching approach. A non-linear approach was used because bank facilities show different effects of economic factors during periods of credit and commercial boom and bust. The results of the research show that the economic growth rate, the interest rate of facilities and the growth rate of bank deposits have a positive relationship with the growth of real facilities and the interest rate of bank deposits has a negative effect on it, but the degree of influence of each of the economic factors on the growth rate of real facilities is different in every cycle. This asymmetric impact of macroeconomic factors during different cyclical periods is important in policymaking and should be taken into consideration when making monetary policy.
Mohammad Nabi Shahiki Tash; Farhad Khodadad Kashi; Abdolreza Korani
Volume 13, Issue 49 , July 2013, , Pages 75-100
Abstract
One of the features of market structure is the extent of barriers to entry. According to economic theories, it is expected that when the barriers to entry increase, the degree of monopolistic power in industrial markets will consequently increase. Hence, in this paper we measure the intensity of barriers ...
Read More
One of the features of market structure is the extent of barriers to entry. According to economic theories, it is expected that when the barriers to entry increase, the degree of monopolistic power in industrial markets will consequently increase. Hence, in this paper we measure the intensity of barriers to entry and evaluate this structural variable in Iranian manufacturing sector. This study examines the factors that affect the extent of barriers to entry in industrial markets in the context of a dynamic panel data model with the technique of generalized method of moments (GMM). The findings show that the degree of concentration, intensity of advertising, research and development costs, rate of returns and economies of scale have significant and positive effect on the extent of barriers to entry in industrial markets of Iran.
