The Incidence of Dutch Disease in the Agriculture Sector of Iran 1367-1386

This paper examines the incidence of Dutch Disease symptoms in the agriculture sector of Iran, by applying SVAR modeling to quarterly data of twenty years span, from1367-1386 our findings do not reveal any significant relation between oil prices, and value added of agriculture sector, but indicate a significant negative effect of oil price on the relative price of agricultural products. Therefore, the incidence of Dutch Disease cannot be rejected. Although it seems that protective measures, in some extent, have been succeeded in insulating the production from harmful effects of decrease in the... Mehr ...

Verfasser: Javid Bahrami
Maryam Farshchi
Dokumenttyp: Artikel
Erscheinungsdatum: 2011
Reihe/Periodikum: Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, Vol 11, Iss 40, Pp 185-211 (2011)
Verlag/Hrsg.: Allameh Tabataba'i University Press
Schlagwörter: agriculture sector / dutch disease / iran / oil prices / svar / Economics as a science / HB71-74
Sprache: per
Permalink: https://search.fid-benelux.de/Record/base-28988154
Datenquelle: BASE; Originalkatalog
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Link(s) : https://doaj.org/article/984cb30528c947629761df8b997a5007

This paper examines the incidence of Dutch Disease symptoms in the agriculture sector of Iran, by applying SVAR modeling to quarterly data of twenty years span, from1367-1386 our findings do not reveal any significant relation between oil prices, and value added of agriculture sector, but indicate a significant negative effect of oil price on the relative price of agricultural products. Therefore, the incidence of Dutch Disease cannot be rejected. Although it seems that protective measures, in some extent, have been succeeded in insulating the production from harmful effects of decrease in the relative prices, but these measures, in no way will ensure the future development of the agriculture sector.