The Testing of Supply Side and Demand Side at Improving of Financial Markets
In this survey as a case study, the mutual effects of Tehran - Stock Exchange - Price Index (TEDPIX) and Iran's economic growth have been investigated. To do this, the data about the above variables during 1999-2010 has been collected through quarterly data and by econometric method evaluation, especially Johansson's cointegration test and vector error correction model, the mutual relationship between the variables has been dealt with.The results of Johansson's cointegration test showed that there is a long term balance relation in the above variables. Also the results of the vector error correction method showed that there is a unidirectional relationship between the above variable from economic growth to Tehran - Stock Exchange - Price Index (TEDPIX).and consequently demand side approach was approved in improving fainancial markets.
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.