VAR آزمون الگوي رشد درونزا براي اقتصاد ايران بر اساس رهيافت

Testing the Endogeneous Growth Model for Iran Economy (Based on VAR)

According to endogeneous growth models, variables such as investment or R&D expenditures can permanently influence economic growth. However, depending on the economy under study ,this hypothess can be rejected. To this end, the effects of R&D expenditures and Investment on the growth rate is examined for the Iran economy. The proxy for R&D expenditure is government research budget. First, The stationary of the variables is evaluated. Then, by a single-equation dynamic model, the permanent effects of R&D expenditures and also, capital growth rate on econimic growth rate is examined and finally the magnitude,timing and persistence of the shocks are estimated by a VAR model.