Ali Akbar Naji Meidani; Sayedeh Zahra Shakeri; Fatemeh kobra Bata
Abstract
Stock is an item of financial assets portfolio. So, understanding the factors influencing its value concerns investors. Price changes in the stock Exchange is not only due to internal factors such as dividends, net profit and cash flows of the companies, but also external factors such as macroeconomic ...
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Stock is an item of financial assets portfolio. So, understanding the factors influencing its value concerns investors. Price changes in the stock Exchange is not only due to internal factors such as dividends, net profit and cash flows of the companies, but also external factors such as macroeconomic variables. Automotive industry, in the world, is one of most strategic industries and in Iran has the highest share in GDP after oil industry.
This paper investigates the relationship between stock price of automotive companies in Tehran Stock Exchange and monetary macro variables such as exchange rate and consumer price index by using panel data from 2004 - 2010.
Our results show direct and significant relationship between stock prices of the companies with their dividends and real incomes and so with the exchange rate ,while there is a negative relationship between stock price and consumer price index.
Alireza Shakibai; Fatemeh Kobra Bata
Abstract
The main purpose of this paper is to investigate the trade potential and its effects on increasing bilateral trade between the South West Asia regions, countries. Therefor, this paper aims to answer this question that: Could trade cooperation the South West Asia region's countries led to increase bilateral ...
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The main purpose of this paper is to investigate the trade potential and its effects on increasing bilateral trade between the South West Asia regions, countries. Therefor, this paper aims to answer this question that: Could trade cooperation the South West Asia region's countries led to increase bilateral trade? To answer this question, Generalized Gravity Model is used and it is estimated by Panel Data method. The results indicate that GDP and geographical distance as independent variables, justify economic cooperation between them, mostly. This can lead to an increase in bilateral trade cooperation between these countries. The results show that the trade potential of the Iranian economy and the integration to the other members of the South West Asia region countries as a 61 percent in trade and also increase the value of bilateral trade flows between these countries.
