6 results on '"Mortaza Baky-Haskuee"'
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2. The Interactive Effect of Financial Development and Foreign Direct Investment on Domestic Investment (Evidence from the East and West Asia, including Iran)
- Author
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Roohollah Babaki, Mortaza Baky-Haskuee, and Mahnaz Efati
- Subjects
domestic investment ,financial development ,foreign direct investment ,panel data ,Economic growth, development, planning ,HD72-88 - Abstract
Since foreign direct investment has entered into the world's economic literature, countries have sought to attract more of this type of investment by creating appropriate incentive infrastructures. The impact of foreign direct investment on domestic investment may be affected by the different economic conditions of the host country, including their financial development. Accordingly, in this paper, the interactive effect of financial development and direct foreign investment on domestic investment in the East and West Asian countries (including Iran) during the period of 1980-2017 was estimated by using panel data analysis. The results of the research show that the interactive effect of financial development and foreign direct investment on domestic investment in West Asian countries was negative and in the East Asian countries was positive. In other word, developed financial markets and building trust among foreign investors has led to increasing domestic investment in the East Asian countries. Therefore to enhance domestic investment, it is necessary to prepare suitable conditions for financial development and foreign investors entrance to the country.
- Published
- 2019
- Full Text
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3. Modelling Disease Mitigation at Mass Gatherings: A Case Study of COVID-19 at the 2022 FIFA World Cup
- Author
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Martin Grunnill, Julien Arino, Zachary McCarthy, Nicola Luigi Bragazzi, Laurent Coudeville, Edward W. Thommes, Amine Amiche, Abbas Ghasemi, Lydia Bourouiba, Mohammadali Tofighi, Ali Asgary, Mortaza Baky-Haskuee, and Jianhong Wu
- Abstract
The 2022 FIFA World Cup was the first major multi-continental sporting Mass Gathering Event (MGE) of the post COVID-19 era to allow foreign spectators. Such large-scale MGEs can potentially lead to outbreaks of infectious disease and contribute to the global dissemination of such pathogens. Here we adapt previous work and create a generalisable model framework for assessing the use of disease control strategies at such events, in terms of reducing infections and hospitalisations. This framework utilises a combination of meta-populations based on clusters of people and their vaccination status, Ordinary Differential Equation integration between fixed time events, and Latin Hypercube sampling. We use the FIFA 2022 World Cup as a case study for this framework. Pre-travel screenings of visitors were found to have little effect in reducing COVID-19 infections and hospitalisations. With pre-match screenings of spectators and match staff being more effective. Rapid Antigen (RA) screenings 0.5 days before match day outperformed RT-PCR screenings 1.5 days before match day. A combination of pre-travel RT-PCR and pre-match RA testing proved to be the most successful screening-based regime. However, a policy of ensuring that all visitors had a COVID-19 vaccination (second or booster dose) within a few months before departure proved to be much more efficacious. The State of Qatar abandoned all COVID-19 related travel testing and vaccination requirements over the period of the World Cup. Our work suggests that the State of Qatar may have been correct in abandoning the pre-travel testing of visitors. However, there was a spike in COVID-19 cases and hospitalisations within Qatar over the World Cup. The research outlined here suggests a policy requiring visitors to have had a recent COVID-19 vaccination may have prevented the increase in COVID-19 cases and hospitalisations during the world cup.Author summaryMass Gathering Events (MGEs) can potentially lead to outbreaks of infectious disease and facilitate the dissemination of such pathogens. We have adapted previous work to create a framework for simulating disease transmission and mitigation at such MGEs. We use the 2022 FIFA World Cup as a test case for this framework. A policy of Pre-travel screenings of visitors was found to have little effect in reducing COVID-19 cases and hospitalisations. Pre-match screenings of spectators and match staff was found to be more effective. The most effective policy was to ensure that all visitors had a COVID-19 vaccination (second or booster dose) within a few months before departure. Qatar abandoned all COVID-19 related travel testing and vaccination requirements over the period of the World Cup. Our work suggests that the State of Qatar may have been correct in abandoning the pre-travel testing of visitors. However, there was a spike in COVID-19 cases and hospitalisations within Qatar over the World Cup. Given our findings, we suggest a policy requiring visitors to have had a recent COVID-19 vaccination may have prevented the increase in COVID-19 cases and hospitalisations during the world cup.
- Published
- 2023
4. Environmental risk of Covid-19 recovery
- Author
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Mortaza Baky Haskuee and Ali Asgary
- Subjects
Environmental Engineering ,Renewable Energy, Sustainability and the Environment ,Energy Engineering and Power Technology ,Energy (miscellaneous) - Abstract
During Covid-19 pandemic world economy experienced negative growth rate, therefore energy consumption and consequently emission pollution decreased. According to Environmental Kuznets Curve, it is expected that energy consumption and emission pollution increase in response to Covid-19 economic recovery, even higher than its pre-pandemic level. The goal of this paper is to study the environmental risk of Covid-19 economic recovery. We use an Environmentally-Augmented Global Vector Autoregressive Model (E-GVAR) to trace dynamic effects of Covid-19 economic recovery on pollution emission. Using generalized impulse response functions (GIRFs), we investigated the effect of positive economic shocks in real per capita income in China and USA economies on total [Formula: see text] equivalent emission pollution. The results show that positive economic recovery affects emission pollution significantly. China and emerging economies may experience high risk while Europe region is moderately affected by this positive shock. A positive Economic Shock in China decrease pollution emission in USA over time. It can be attributed to substitution effect of Chinese product in global market. Generally, our results demonstrate spillover effect of transition shocks from large economies to the rest of world and highlights the importance of linkages in the world economy.
- Published
- 2022
5. Investigating the Behavior of Iran's Light Crude Oil Price in Short Term
- Author
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Mortaza Baky Haskuee, Mostafa Salimifar, Sayed Mahdi Mostafavi, and Seyyed Abdollah Razavi
- Subjects
Multidisciplinary ,Light crude oil ,Crack spread ,020209 energy ,media_common.quotation_subject ,Financial market ,Balance of trade ,02 engineering and technology ,Oil-storage trade ,Monetary economics ,Interest rate ,0202 electrical engineering, electronic engineering, information engineering ,Economics ,Cash flow ,Volatility (finance) ,health care economics and organizations ,media_common - Abstract
Investigate the causes of changing the oil price and modeling for predicting its volatility has always been one of the most important fields of Iran's economic literature study due to its position in Iran's economy. On the other hand, oil price volatility lead to the difficulty in the development programs. Empirical studies show that oil prices volatility are caused the structural bottlenecks (trade balance bottleneck, budget bottlenecks, etc.) in Iran's economic.Understanding the mechanism of oil prices formation can reduce the risk of oil price volatility and its negative impacts on Iran's economy. With the development of oil bourse and oil futures market, oil market changed the crude oil price formation so that the cash flow between financial markets and oil market will deviant the crude oil price from its long term direction by changing in interest rate in short-term. In this paper, it is investigated the crude oil price deviation from its long-term direction with regard to the relationship between mentioned markets in short-term. For this purpose, Fisher price jump model and Frankel theory will be used for test by using daily time series data of 2005-13 about Iran's light crude oil in different areas (different markets), as well as multivariate GARCH technique method. Also, the results show that the pricing strategy is false signal in the use of Urals crude oil in the determining of crude oil price in the Mediterranean and North West Europe markets.
- Published
- 2016
6. A Co-integration Approach to the Effect of Oil Income on Resource Allocation in Iranian Economy
- Author
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Mortaza Baky Haskuee
- Subjects
Real income ,Capital outflow ,Exchange rate ,Economy ,Agriculture ,business.industry ,Economic sector ,Economics ,Resource allocation ,business ,Relative price ,Domestic market - Abstract
This paper investigates the effect of oil income on real exchange rate defined as relative prices of non-tradable to tradable sector in Iranian economy. Increase in oil income, increases demand for both tradable and no-tradable goods. Tradable goods prices follow international prices while non-tradable prices are set in domestic markets. Therefore increase in oil income will result in real exchange rate appreciation and change in resource allocation in different economic sectors. Oil windfalls have changed the structure of the economy and relative prices such that the shares of agriculture and industry have decreased and the shares of services and construction have increased in GDP. The results show that there is a long run co-integration relation between oil income, capital outflow, GDP and real exchange rate.
- Published
- 2011
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