Showing 4 results for Majed
Dr Ghadir Mahdavi, Vahid Majed,
Volume 2, Issue 5 (10-2011)
Abstract
Life insurance as an investment and assurance tool provides a great source of investment financing in different economies. Despite life insurance development in advanced countries and in many developing economies, it could not get its appropriate share in Iranian family’s basket.
This paper investigates factors that affect life insurance demand in Iran. So, random sampling used to get required information in three provinces of Iran (Tehran, East Azerbayjan and Mazandaran).
Factors are divided into two main groups: Socioeconomics and psychological. Required data were gathered using questionnaire. Results show that life insurance demand has negative relationship with individual expected health condition, premium, expected inflation, degree of risk aversion and income. Bequest, economic optimism, age, employment of partner and reading has positive relation with life insurance demand. Based on the sample, result show that life insurance demand is not affected by advertisements but is affected by others recommendations.
Dr Ghahraman Abdoli, Dr Vahid Majed,
Volume 3, Issue 7 (3-2012)
Abstract
In the past decades, a range of discussions has been formed on coalition theory in economics and international sciences. The focus of this discussion is that in the absence of a superior power, and while some players want to expand their authorities, is it possible to cooperate or not. These theories agree on the principle that if such condition be a sequential game, cooperation will be permanent only if the players are patient enough. In the real world, there are many partnerships between groups that don’t have a same patience, i.e. the discount factor isn’t equal for each of the members. OPEC is an example of those groups which composed of members with different discount factor.
This paper investigates the future of OPEC members and their different discount factors. So, cooperative theory is used to analyze the behavior of OPEC members using panel data techniques. Results show that a fixed effects model is appropriate to explain OPEC member’s behavior. According to the model, the amount of marketed crude oil by members has positive relationship with stocks and sales in the previous period and also there is a negative relationship between the amount of marketed oil and square of proven reserves per capita. The results show that bargaining and negotiation between some members to achieve agreement rapidly and also relents or blackmails guarantees OPEC Survival.
Vahid Majed, Hossein Mirshojaeian Hosseini , Samira Riazi ِdoust,
Volume 10, Issue 35 (3-2019)
Abstract
Homogeneity of groups in studies those use cross section and multi-level data is important. Most studies in economics especially panel data analysis need some kinds of homogeneity to ensure validity of results. This paper represents the methods known as clustering and homogenization of groups in cross section studies based on enviro-economics components. For this, a sample of 92 countries which produce the most greenhouse gases including CO2, clustered based on 18 criteria. Those criteria reduced to five primary components using factor analysis. Clustering of countries done by HCPC (Hierarchical Clustering on Principal Component) method. All 92 countries were clustered in 7 different groups. For each group properties of countries indicates the homogeneity of each cluster. In cross section analysis with many sections, especially analysis based on panel data, clustering, increases assurance of expected homogeneity and validity of result.
Leili Niakan, Vahid Majed, Saeed Karirmi Moatamed,
Volume 15, Issue 58 (2-2025)
Abstract
Objective: Natural disasters, especially those caused by climate change, have far-reaching effects on economies and societies. Disasters bring direct and indirect damages that can seriously affect economic growth. It is expected that these damages will increase even more in the future due to climate change and increasing vulnerability of societies. Study has investigated one of the indirect economic effects of natural disasters, i.e. reducing the growth of the gross domestic product (GDP), and the role of insurance in reducing these effect. The main goal of the study is to analyze the impact of natural disasters on economic growth in member and non-member countries of the Organization for Economic Co-operation and Development (OECD) and evaluate the role of insurance in moderating these effects.
Materials and Methods: Using panel data from developed and developing countries and using panel regression models with fixed effects, the research has investigated the effect of natural disasters on GDP growth and the role of insurance in adjusting these effects.
Results: The results show that natural disasters have a significant negative effect on the economic growth of both groups of countries, but insurance significantly reduces these negative effects.
Conclusion: Development of insurance coverage in developing countries can help reduce the negative economic effects caused by natural disasters and strengthen the sustainability of economic growth, especially in countries like Iran.
