Investigating the relationship between investment in transport infrastructure and economic growth of Iran (Application of VAR pattern)

This paper examines the relationship of investment in transport infrastructure and economy of Iran from 1959 to 2015 using VAR and VECM model.
The results of research using Cointegration tase and Wald test (Considering the significance of the coefficients) in short and long term showed that:Economic growth has a meaningful reaction to investment fluctuations in transport infrastructure in short and long term, and investment in transport infrastructure has a meaningful reaction to economic growth fluctuations in long term and short term.
so, investment in transport infrastructure and economic growth fluctuations in long and short term has two-way communication and that is the Progress in each one leads to another growth.