چکیده:
This paper analyses the interdependence between information and energy segments of the Iranian and Indian economies. The Iranian economy is an energy-based resource exporting economy and the Indian economy is a non-resource energy importing economy. Despite the diversified structures, informatization of the two economies appears to be a common goal for structural changes in the two countries. The main objective of this paper is to quantify the informatization of the two economies. The informatization is considered in terms of structural changes with respect to trend substitution between information and energy segments using macroeconomic approach. For this purpose we use two sets of IOTS: 1991-2001 for Iran and 1994-1999 for India. The overall results reveal substitution trend between information and energy segments of the Indian economy which means energy saving whereas a complementary trends is observed for the Iranian economy which mean the absence of energy saving.Decision making and investors’ behavior are affected by various factors in Tehran stock exchange. Based on theoretical perspective; investors collect the key information of decision making by study of the macro and micro levels of investment environments. In order to analyze the research data, path analysis and LISREL software are used. The results indicate that political factors with 62%, psychological factors with 53%, economic factors with 47% and internal factors with 31% are the most important factors that affect the stocks trading in Tehran Stock Exchange. Not only political and psychological factors have direct effect, but also they affect the investor's financial decision making indirectly (through intended interest rate) 16% and 11%, respectively. Total effect of political and psychological factors on investors financial decision making are 79% and 64%, respectively.
خلاصه ماشینی:
"Analyses of Information and Energy Segments of the Iranian and Indian Economies* Ali Asghar Banouei 1 Mohammad Jolodari Mamaghani 2 Uma Swaminathan 3 Jilian Banouei 4 Mojtaba Mohagheghi 5 Abstract Keywords: *This is a slight modified version of the paper that has been presented at the 16th International Conference on Input-Output Techniques, 2-6 July 2007, Istanbul Turkey.
Considering the crucial role of information and informatization for the structural changes of the two diversified economies, the main focus of this paper is to empirically investigate the following two questions: Being developing countries which are of them have successfully experienced the structural changes with respect to trend substitution between information and energy segments?
4- Methodology of the Paper A conventional input-output technique with the following objectives is used to sharpen the structural changes of the two countries based on trends substitution and / or complementarity between information and energy segments.
Based on definition, classification and the units of measurement, the information sectors chosen are as follows: printing and publishing, radio, TV and communication equipment, miscellaneous manufacturing products ( including office, computing and accounting machines, electric lighting and wiring equipment, scientific and controlling instruments, optical, ophthalmic and photographic equipments), communication services, financial services, insurance services, business services, amusements, health, educational and social services, coal mining, crude petroleum and natural gas, petroleum refineries and related industries, electricity, gas and water are included in energy segment.
6- Empirical Results and Analysis 6-1- Trends Based on Input-output Accounts Tables 1 and 2 show non-information, information and energy shares in intermediate, final demand and total output respectively during 1991-2001 for Iran and 1993-94, 1998-99 for India."