In this study, short and long term effects of macroeconomic variables such as prices of agricultural commodities, interest rates, exchange rates on rural household income are investigated. For this purpose, pattern autoregressive distributed lag were applied on time series of 1977-2008. The results of this study showed that a long-term relationship exists between variables included in the model and rural household income. Among these variables, the price indexes of agricultural products and exchange rates with respected coefficients of 1.81 and -0.65 have significant effects. Considering these effects on rural household income, adjustment and stabilization agricultural price index and interest rates and currency and adopting appropriate macroeconomic variables to improve rural income is recommended.
Karbasi, A., & Koohpayma, F. (2011). Long-term Relationship between Rural Household Income and Macroeconomic Variables in Iran. Agricultural Economics, 4(4), 159-171.
MLA
Alireza Karbasi; Fariba Koohpayma. "Long-term Relationship between Rural Household Income and Macroeconomic Variables in Iran". Agricultural Economics, 4, 4, 2011, 159-171.
HARVARD
Karbasi, A., Koohpayma, F. (2011). 'Long-term Relationship between Rural Household Income and Macroeconomic Variables in Iran', Agricultural Economics, 4(4), pp. 159-171.
VANCOUVER
Karbasi, A., Koohpayma, F. Long-term Relationship between Rural Household Income and Macroeconomic Variables in Iran. Agricultural Economics, 2011; 4(4): 159-171.
)