%0 Journal Article
%T Investigation of Optimal Transitions of Oil Revenues in different Periods of time with the Assumption of Dutch Disease in Iran through Dynamic Computable General Equilibrium Model
%J Journal of Applied Economics Studies in Iran
%I bu ali sina university
%Z 2322-2530
%A Ghezelbash, Azam
%A Seifi, Ahmad
%A Khodaparast Mashhadi, Mahdi
%D 2020
%\ 10/22/2020
%V 9
%N 35
%P 41-61
%! Investigation of Optimal Transitions of Oil Revenues in different Periods of time with the Assumption of Dutch Disease in Iran through Dynamic Computable General Equilibrium Model
%K Management of Oil Revenue
%K Optimal Dutch Disease
%K Dynamic Computable General Equilibrium
%K Iran
%R 10.22084/aes.2019.18582.2833
%X The existence of multiple shocks and changes in an economic system creates numerous effects on internal variables and economic sectors, and any changes in the production structure can be affect the external sector of the economy or the distribution of household incomes and their welfare. This study, with the hypothesis of Dutch disease, examines the amount of oil revenue transfers using the social accounting matrix and a meaningfully calculated general equilibrium approach. The results of the research show that in the scenario of equal interest rates and time preference rate, the amount of oil revenues each year should be increased at a rate of 10%, which can be maintained at the National Development Fund, so that different periods can be used to optimize oil revenues for using it. In the disparity scenario of interest rates and time preference rates, only when the time preference rate should be much lower than the interest rate at the present time, due to the increasing consumption path and the increase in tradable goods consuming to be exchanged relative to the non-exchangeable part, it can be the disease Dutch achieved the best. Otherwise, the Dutch disease will be worse off due to a reduction in the exchangeable part and an increase in imports.
%U https://aes.basu.ac.ir/article_3460_eac2631d773ec554c4df427eb6b42fe7.pdf