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:: Volume 32, Issue 111 (quarterly journal of economic research and policies 2024) ::
qjerp 2024, 32(111): 110-155 Back to browse issues page
Estimating Foreign Direct Investment and Its Impact on Iran's Economic Sectors: A Fuzzy Approach
Anita Dowlatzadeh * , Hamid Reza Horry , Sayyed Abdolmajid Jalaee
Shahid Bahonar University of Kerman , anitadolatzadeh@yahoo.com
Abstract:   (627 Views)
Examining the trend of changes in Foreign Direct Investment (FDI) shows that, firstly, many committed foreign investments have not been made in Iran's economy, and secondly, that the amount of foreign investments made in Iran's economy has not been proportionate to the country's needs for structural changes. Also, due to many sanctions, some foreign companies may have invested in Iran unofficially. So, it is claimed that the recorded figures for the FDI variable are not accurate. Hence, one of the goals of this study is to estimate FDI by the fuzzy systems method. After estimating the amount of FDI using the panel data autoregression, FDI effect on the terms of trade in agriculture, industry and mines, services and oil in the period from 2011 to 2022 has been evaluated. The results show that FDI has a negative and significant effect on the terms of trade in agriculture, industry and mines, services and oil in the long run, which is consistent with the theory. Accordingly, it can be claimed that FDI would weaken the terms of trade in the country. The coefficients show that FDI in the sectors of industries and mines, agriculture, oil and services, respectively, has the greatest negative effect on terms of trade. Therefore, the policy recommendation in the field of using foreign direct investment in the field of international trade is that in order to develop foreign trade and increase the amount of exports, foreign direct investment should be considered one of the important economic goals, which can increase economic growth in addition to helping the process of globalization of the economy. Therefore, the results of this study showed that FDI has an impact on the terms of trade of economic sectors, which is, in any case, related to the foreign trade of these sectors.
Keywords: Economic sectors, Terms of Trade, Foreign Direct Investment (FDI), Fuzzy Systems, Panel VAR Models
Full-Text [PDF 1217 kb]   (285 Downloads)    
Type of Study: Research | Subject: Special
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Dowlatzadeh A, Horry H R, Jalaee S A. Estimating Foreign Direct Investment and Its Impact on Iran's Economic Sectors: A Fuzzy Approach. qjerp 2024; 32 (111) :110-155
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Volume 32, Issue 111 (quarterly journal of economic research and policies 2024) Back to browse issues page
فصلنامه پژوهشها و سیاستهای اقتصادی Journal of Economic Research and Policies
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