اثر متغيرهاي مالي بر سرمايه‌گذاري در اقتصاد ايران‌

Effect of Financial Variables on Investment in Iran

In this paper, we investigate the effects of financial development variable on the rate of economic growth. The subject was discussed for the first time by Md Kinnon and shaw in 1973 and then was developed by other economists. Variable effecting financial development are indices for financial intermediation and financial depth. In the paper we have taken a sample of countries data and have used juhansen and jusilius method to confirm that a long run relationship exist in our model and then by using a panel data regression (fixed effect) we estimated the model and tested the effects of independent variable on rate of growth of Iranian and other countries in our sample .