Investigating the effect of economic adjustment policies on Iran's economic growth fluctuations

Instability and Volatility in economic growth will cause significant changes in the economy and its variables. Therefore, examining the cause of Volatility and instability in economic growth can eliminate or improve their effectiveness. In this study, using by vector Auto-Regression model, the relation of economic adjustment policies and instability of economic growth during the period 1360 to 1397 have been investigated. For this purpose, the annual fluctuations of economic growth were calculated using the Exponential Generalized Auto Regressive Conditional Heteroskedasticity and the effects of the three policies of privatization, trade liberalization and financial liberalization were measured. The results of this study showed that financial liberalization variables have the lowest (0.6%) and trade liberalization variables have the highest (21%) share on the instability of economic growth. Also, examining the rate of growth instability response to restructuring policies shows that these policies are not compatible with each other so that trade liberalization policy reduces instability and privatization policy increases Economic growth will be stable in the short and long term.