Journal of Agricultural Science and Technology
Journal of Agricultural Science and Technology
JAST
Agriculture
http://jast.modares.ac.ir
1
admin
1680-7073
2345-3737
10.22034/jast
en
jalali
1396
8
1
gregorian
2017
11
1
19
6
online
1
fulltext
en
Effects of Oil Price Shocks on Agricultural Sector Using Dynamic Stochastic General Equilibrium Model
This study aimed to develop a multi-sector Dynamic Stochastic General Equilibrium (Large DSGE) model for Iran’s economy. In this model, economy was divided into three sectors: Agriculture, non-agriculture, and oil. Imports and exports were also included in the model. In order to adapt the model with Iran’s economic conditions, price stickiness in agriculture and non-agriculture were included. Then, the impact of rising oil prices on agricultural sector was examined. To calculate the required coefficients, 1971-2012 data was gathered and Bayesian method was used. The results showed the negative impacts of rising oil prices on agriculture as well as the negative effects of Dutch Disease.
Agriculture,Bayesian,DSGE,Multi-sector,Oil Prices,Stickiness
1211
1226
http://jast.modares.ac.ir/browse.php?a_code=A-23-15326-2&slc_lang=en&sid=23
Z.
Permeh
Z.
Permeh
100319475328460068640
100319475328460068640
No
Institute Trade Studies and Research, Ferdowsi University of Mashhad, Mashhad, Islamic Republic of Iran.
Institute Trade Studies and Research, Ferdowsi University of Mashhad, Mashhad, Islamic Republic of Iran.
M.
Ghorbani
M.
Ghorbani
100319475328460068624
100319475328460068624
Yes
Department of Agriculture Economics, Faculty of Agriculture, Ferdowsi University of Mashhad, Mashhad, Islamic Republic of Iran.
Department of Agriculture Economics, Faculty of Agriculture, Ferdowsi University of Mashhad, Mashhad, Islamic Republic of Iran.
H.
Tavakolian
H.
Tavakolian
100319475328460068630
100319475328460068630
Yes
Faculty of Economic, Allameh Tabataba'i University, Tehran, Islamic Republic of Iran.
Faculty of Economic, Allameh Tabataba'i University, Tehran, Islamic Republic of Iran.
N.
Shahnoshi
N.
Shahnoshi
100319475328460068623
100319475328460068623
No
Department of Agriculture Economics, Faculty of Agriculture, Ferdowsi University of Mashhad, Mashhad, Islamic Republic of Iran.
Department of Agriculture Economics, Faculty of Agriculture, Ferdowsi University of Mashhad, Mashhad, Islamic Republic of Iran.