Effects of Oil Price Shocks on Agricultural Sector Using  Dynamic Stochastic General Equilibrium Model

Permeh, Z.; Ghorbani, M.; Tavakolian, H.; Shahnoshi, N.

dc.contributor.author	Permeh, Z.
dc.contributor.author	Ghorbani, M.
dc.contributor.author	Tavakolian, H.
dc.contributor.author	Shahnoshi, N.
dc.date.accessioned	2018-01-10T12:20:45Z
dc.date.available	2018-01-10T12:20:45Z
dc.date.issued	2018-01-10
dc.identifier.uri	http://hdl.handle.net/123456789/3566
dc.description	paper	en_US
dc.description.abstract	This study aimed to develop a multi - sector Dynamic Stochastic General Equilibrium (L arge 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 stick iness 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 nega tive impacts of rising oil prices on agriculture as well as the negative effects of Dutch Disease. Keywords : Agriculture, Bayesian, DSGE, Multi - sector, Oil prices, Stickiness.	en_US
dc.language.iso	en	en_US
dc.publisher	JKUAT	en_US
dc.subject	Stickiness	en_US
dc.subject	Oil prices	en_US
dc.subject	Agriculture	en_US
dc.subject	Multi - sector,	en_US
dc.subject	DSGE	en_US
dc.subject	Bayesian	en_US
dc.title	Effects of Oil Price Shocks on Agricultural Sector Using Dynamic Stochastic General Equilibrium Model	en_US
dc.type	Working Paper	en_US