this paper estimates a structural cointegrating varx model with exogenous variables for iran. the long-run macroeconomic relationships are identified and tested within this framework. we make use of the generalized forecast error variance decomposition to analyze the dynamic properties of the model in response to different shocks. we also examine via the persistence profiles, the speed of adjus...

estimation of agricultural sector demand and supply and identification of its determinants could lead to more efficient policies and planning of this section. in this study, aggregate demand and supply of agriculture sector for years of 1959-2007 by using of nonlinear restricted armax model are estimated. result indicates that aggregate agriculture demand is inelastic in short and long run. tho...