Long-run Trend and dDeterminants ofTterms of Trade of Iran

This paper examines the trend and determinants of terms of trade of Iran. Using a Vector-Error Correction model (VECM), two models has been estimated for Iran’s economy. Terms of trade in model I is the net barter terms of trade; and in model II is the ratio of export to import unit values. Annual d...

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Bibliographic Details
Main Authors: Saman Yousefvand, Reza Najarzadeh, Hasan Heidari, Lotfali Agheli
Format: Article
Language:English
Published: EconJournals 2017-06-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354560?publisher=http-www-cag-edu-tr-ilhan-ozturk