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- W2553691732 abstract "The main aim of this paper is to investigate the relationship between government budget deficits, defense expenditure and transfer payments in Iran during the period of 1972-2006. To this end a 5-variableVECM and IRF have been used. Results of VECM reveal the positive effect of defense expenditure, educational expenditure, and transfer payments on budget deficits and also the negative effect of health expenditures on budget deficits in the long-run. Also evidence indicates the rejection of Ricardian Equivalence Theorem (RET) in Iran. Therefore, government can’t use budget deficits and defense expenditures to transfer incomes between different social-income and inter-generation groups." @default.
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- W2553691732 date "2013-01-01" @default.
- W2553691732 modified "2023-09-24" @default.
- W2553691732 title "An investigation into the relationship between government budget deficits, defense expenditure and transfer payments in Iran" @default.
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