تحلیل اثرات عوامل نهادی بر سرمایه‌گذاری در کشورهای منتخب عضو اوپک

نوع مقاله : علمی

نویسندگان

1 استادیار گروه اقتصاد دانشگاه آزاد اسلامی واحد اصفهان(خوراسگان)، اصفهان، ایران

2 دانش آموخته کارشناسی ارشد دانشگاه آزاد اسلامی واحد اصفهان(خوراسگان)، اصفهان، ایران

چکیده

در دهه اخیر، این اتفاق نظر در بین اقتصاددانان شکل گرفته است که نهادها از عوامل اساسی و مهم تاثیرگذار بر تفاوت کشورهای جهان در رشد اقتصادی و سرمایه­گذاری هستند. لذا مطالعه حاضر تاثیر این نهادها بر سرمایه­گذاری در کشورهای منتخب عضو اوپک با استفاده از رگرسیون مبتنی بر داده­های تابلویی طی دوره 2015- 2002 مورد بررسی قرار می­دهد. به این منظور از شاخص­های حاکمیت نظم و قانون و محافظت از حقوق مالکیت به عنوان نهادهای خالق بازار، شاخص­های مقرارت و کنترل در بازار کار و اعتبارات به عنوان نهادهای تنظیم کننده، شاخص دسترسی به پول سالم تحت عنوان نهادهای تثبیت کننده بازار و شاخص پاسخ­گویی دموکراتیک به عنوان نهادهای مشروعیت بخش بازار، استفاده شده است. نتایج نشان دادند که نهادهای خالق بازار و تنظیم کننده در کشورهای منتخب اوپک بر سرمایه­گذاری موثر بوده ولی نهاد تثبیت کننده بازار و نهاد مشروعیت بازار معنادار نیست.

کلیدواژه‌ها


عنوان مقاله [English]

The Analysis of the Effects of Institutional Factors on the Investment in Selected OPEC-Member Countries

نویسندگان [English]

  • Sara Ghobadi 1
  • Hajar Mozafari shamsi 2
  • Fardis Faramarzi 2
1 Assistant professor, faculty of Economics, Islamic Azad University, Khorasgan (Isfahan) branch, Iran
2 MA student, faculty of Economics, Islamic Azad University, Khorasgan (Isfahan) branch, Iran
چکیده [English]

In recent decade, it has been universally agreed by the economists that the institutions are the most influential factors affecting the economic growth and investment in selected Countries. The present study aimed to examine the impact of these institutions on investment OPEC-member countries by the use of panel-data-based regression from 2002-2015. To do so, the following indices are used: law and order and preservation of the property rights functioned as the market-creating institutions, the control and regulations in the labor market functioned as the regulating institutions, accessibility to the sound money functioned as the market-stabilizing institutions and democratic accountabilities functioned as the market-legitimizing institutions. The results suggested that the regulating and the market-stabilizing institutions in OPEC-member countries can be influential in the investment, but the market-stabilizing and the legitimizing institutions are not significant and produce no impact on the investment. In other words, it is essential to strengthen the legitimizing and stabilizing institutions for a better investment function.

کلیدواژه‌ها [English]

  • The market-creating institutions
  • the market-regulating institutions
  • the market-stabilizing institutions
  • the market-legitimizing institutions
  • the regression based upon the panel data
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