ثبات مالی و عملکرد اقتصادی: مطالعه موردی کشورهای عضو اوپک | ||
اقتصاد و الگو سازی | ||
مقاله 2، دوره 9، شماره 2 - شماره پیاپی 34، شهریور 1397، صفحه 29-65 اصل مقاله (409.11 K) | ||
نوع مقاله: مقاله پژوهشی | ||
نویسندگان | ||
مجید آقایی* 1؛ محمد امین کوهبر2؛ حسین احمدی نژاد3 | ||
1استادیار گروه اقتصاد دانشکده علوم اقتصادی و اداری دانشگاه مازندران | ||
2استادیار اقتصاد، دانشگاه علوم و فنون دریایی خرمشهر | ||
3کارشناس ارشد اقتصاد، دانشکده علوم اقتصادی و اداری دانشگاه مازندران | ||
چکیده | ||
با توجه به نقش سیستم مالی به عنوان مکمل بخش واقعی اقتصاد، کارکرد مناسب آن همواره مورد توجه سیاستگزاران اقتصادی بوده و ثبات سیستم مالی یکی از اهداف مهم اقتصادی محسوب میشود. نظر به اهمیت رابطه بین ثبات مالی و عملکرد اقتصادی، در این مطالعه به بررسی تجربی آن در کشورهای عضو اوپک طی دوره زمانی 2000 تا 2016 پرداخته میشود. الگوسازی این رابطه با تکیه بر الگوهای دادههای ترکیبی پویا صورت گرفته و برآورد رابطه مذکور در این مطالعه با استفاده از تخمین زن GMM سیستمی و پس از کنترل کردن سطح تعمیق مالی کشورها صورت گرفته است. شاخصهای مختلف ثبات مالی (شاخصهای نهادی، شاخصهای خرد و کلان و شاخص ساخته شده توسط مطالعه) و عملکرد اقتصادی(رشد تولید ناخالص داخلی سرانه، رشد هزینه مصرفی سرانه خانوار و رشد تشکیل سرمایه ی ناخالص ثابت) به منظور بررسی جنبههای مختلف آن در این پژوهش مورد استفاده قرار گرفتهاند. با توجه به نتایج حاصل از این مطالعه ثبات مالی تاثیر مثبت و معنادار بر عملکرد اقتصادی کشورهای عضو اوپک طی دوره مورد بررسی داشته است. | ||
کلیدواژهها | ||
ثبات مالی؛ عملکرد اقتصادی؛ GMM سیستمی؛ تعمیق مالی | ||
عنوان مقاله [English] | ||
Financial Stability and Economic Performance: The Case of OPEC Countries | ||
نویسندگان [English] | ||
Majid Aghaei1؛ Mohammad Amin Kouhbor2؛ Hossien Ahmadinejad3 | ||
1Assistant Professor of Economics, Faculty of Economics and Administrative Sciences, University of Mazandaran | ||
2Assistant Professor of Economics, Faculty of Economics and Management Sea, Kkorramshahr University of Marine Science and Technology | ||
3MA in Economics, Faculty of Economics and Administrative Sciences, University of Mazandaran | ||
چکیده [English] | ||
Regarding the role of the financial system as a complement to the real sector of the economy, its proper function has always been the focus of concern for economic policy makers. Given the importance of the relationship between financial stability and economic performance, this study investigates it empirically in OPEC countries by using annual data during 2000-2016. To estimate the relationship, we follow the dynamic panel Model an the mentioned model is estimated using the systemic GMM estimator after controlling the effect of countries financial deepening level. In this research, Alternative indicators of financial stability such as: institutional indicators, micro and macro indicators, and author-introduced indicators, and also, economic performance index such as: GDP per capita growth, household per capita consumption growth, and the growth of gross fixed capital formation are used. The results indicate that financial stability has a significant positive effect on economic performance in OPEC countries. | ||
کلیدواژهها [English] | ||
Financial Stability, Economic Performance, System GMM, Financial Depth | ||
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