Renewable energy, which is the type of energy that plays a major role in development and growth countries, an important today’s world, considering life depleted resources finite. Compared to fossil sources, except its source infinite, noticeable difference carbon dioxide emission seen as reason for preferring renewable sources. Many studies literature investigate relationship between consumptio...

The present paper thoroughly explores second-best efficient allocations in an adverse selection insurance economy. We start from a natural extension of the classical model, assuming less than perfect risk perceptions. We propose first and second welfare theorems, by means of which we describe efficiencyenhancing policies. Notions of weak and strong adverse selection are promising for interpreti...

this paper focuses on the residential sector demand for electricity, natural gas and petroleum products (kerosene, gas oil and lpg) in iran in the context of a popular locally flexible functional forms - “the almost ideal demand system (aids)”. we pay explicit attention to the theoretical regularity conditions of positivity, monotonicity, and curvature. we treat the curvature property as a main...

according to the importance of careful review of crude oil market fluctuations on the iranian economy, in this paper a multivariate model of markov switching vector error correction model (have been used). variables such as real gross domestic product in industrial sector, real effective exchange rate, real governmental expenditure, real import, inflation rate and real crude oil price is used t...

this paper estimates the determinants of inflation in iran using a linear and non- linear regression model over the period 1959-2008. in the model specification, the conventional variables (liquidity, production and exchange rate) as well as positive and negative oil revenue shocks, monetary disequilibrium, and demand gap are considered. the results show that nonlinear time series regression mo...