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Journal of Livestock Science and Technology، جلد ۵، شماره ۲، صفحات ۷۵-۸۵
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عنوان انگلیسی Impacts of economic shocks on livestock in Iran: a DSGE model approach
چکیده انگلیسی مقاله The objectives of this study is to investigate the responses of livestock economic variables (namely, output, consumption, prices, labor and capital) to changes in agricultural productivity, monetary, oil revenue and government spending (fiscal policy). To do so, a Dynamic Stochastic General Equilibrium (DSGE) model is constructed for Iran economy disaggregating livestock. Accordingly, the empirical results show that a rise in agricultural productivity results in rising livestock output consumption, hours worked and capital and falling price index. In response to positive monetary shock all the variables increase. Livestock consumption and prices rise following by positive oil revenue shock. However, output, employment, capital and real wages initially fall and rise 3-4 quarters after shock occurrence suggesting the symptoms of Dutch Disease in Iran's agriculture. Government spending shock leads to an increase in the output, consumption, hours and prices and a decrease in capital. To sum up with, the findings reveal agricultural productivity shock has the strongest effects on livestock subsector when compared to those of other shocks. The negative effects of oil revenue shock are more than those of other shocks and we see the weakest responses under monetary and government spending shocks.
کلیدواژه‌های انگلیسی مقاله Livestock, DSGE, Iran economy, Economic Shocks, Iran
نویسندگان مقاله m خسروی |
department of agricultural economics, faculty of agriculture, shahid bahonar university of kerman, kerman, iran.
سازمان اصلی تایید شده: دانشگاه شهید باهنر (Shahid bahonar university)

h مهرابی بشرآبادی | mehrabi boshrabadi
department of agricultural economics, faculty of agriculture, shahid bahonar university of kerman, kerman, iran.
سازمان اصلی تایید شده: دانشگاه شهید باهنر (Shahid bahonar university)

a احمدیان |
monetary and banking research academy, tehran, iran.

سید علی جلایی | s a
department of economics, faculty of economics and management, shahid bahonar university of kerman, kerman, iran.
سازمان اصلی تایید شده: دانشگاه شهید باهنر (Shahid bahonar university)

نشانی اینترنتی http://lst.uk.ac.ir/article_1873_d0f26153eb46a5424a9cf5ae500e8cef.pdf
فایل مقاله اشکال در دسترسی به فایل - ./files/site1/rds_journals/494/article-494-539305.pdf
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زبان مقاله منتشر شده en
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