Investigation of the Factors Affecting Economic Growth in Golestan Province, Emphasizing the Regional Spillovers and Feedback Effects: Two Regional Input-Output Analysis

Investigation of regional growth requires an examination of the region’s economic structure so as to identify the effective factors of its economic sectors’ growth. This study aimed to decomposing economic growth factors in Golestan Province، emphasizing the role of spillovers coefficients from other regions and feedback coefficients during 2001-2010. The two regional I-O tables for the years 2001، 2006 and 2010، prepared from the respective national tables، have been used as database of the research. The results show that increasing the level of final demand in other regions and changes in spillover coefficients have a significant impact on Golestan output، whereas changes in feedback coefficients has minimal effect. The sector-level analysis indicates that agriculture and agro-based industries have been most affected by the spillover and feedback coefficients.