The Effect of Efficiency of Economic Diplomacy Strategy on Total Factors Productivity

Document Type : Research

Authors

1 Professor, Department of Economics, Faculty of Social and Economic Sciences, Al-Zahra University, Tehran, Iran.

2 M.A in Business Administration, Islamic Azad University E-Campus, Tehran, Iran

3 Postdoctoral Economics, Department of Economics, Faculty of Economics and Social Sciences, Alzahra University, Tehran, Iran,

10.22126/ipes.2024.8492.1522

Abstract

The Effect of Efficiency of Economic Diplomacy Strategy on Total Factors Productivity in Selected Developed and Developing Countries in the Period of 2011-2020



Abstract :

The limitation of resources has made increasing the productivity of all factors of production become the most important strategy of countries to achieve continuous and stable economic growth . On the other hand, in recent years, economic diplomacy has become an important tool for the implementation of industrial policies, and this can help increase the efficiency and effectiveness of economic activities and increase the productivity of all factors . The aim of this study is to investigate the effect of the efficiency components of economic diplomacy ( facilitating foreign trade, attracting foreign capital and acquiring foreign technology, national brand and attracting foreign tourists) on the productivity of the total factors in two groups of selected developing and developed countries during the period of 2011 - 2020 . It is generalized by the method of moments, and the results showed that the components of facilitating foreign trade, attracting foreign capital and obtaining foreign technology in both groups of selected countries with different estimated coefficients have a positive effect on the productivity of the total factors . It has meaning. However, the influence of national brand components and foreign tourist attraction on the productivity of the total factors in both groups of selected countries, although positive, but lacks statistical significance .



Keywords : Total Factor Productivity , Economic Diplomacy , Acquiring Foreign Technology , National Brand .

Keywords

Main Subjects

References

 
منابع
آریابد، آیدا؛ مقدسی، رضا؛ زراعت‎کیش، سید یعقوب (1400). مطالعه ارتباط حکمرانی خوب با تولید و بهره‎وری کل عوامل در گروهی از کشورهای در حال توسعه و OECD. تحقیقات اقتصاد کشاورزی، 12 (47)، 318-289. doi: 20.1001.1.20086407. 1399.12.47.12.6.
انصاری‎نسب، مسلم؛ نامداری، سیمین (1395). بررسی تأثیر جهانی‎شدن و آزادسازی تجاری بر رشد بهره‎وری کل عوامل در کشورهای گروه MENA و EU15. سیاست‎های مالی و اقتصادی، 4 (14)، 170-151. URL: http://qjfep.ir/ article-1-447-fa.html.
باقری، حسین. سیف، الله مراد‎ و شهبازی، نجفعلی. (1396). الگوی پیشنهادی دیپلماسی اقتصادی جمهوری اسلامی ایران ‎در راستای عمق‎بخشی خارجی انقلاب اسلامی. آفاق امنیت، 10 (34)، 64-35. doi: 20.1001.1.25381857.1396.10.34.2.2
بهکیش، محمدمهدی. (1389). اقتصاد ایران در بستر جهانی‎شدن. چاپ پنجم. تهران: نشر نی.
پیک‎زاد، جعفر؛ رزمجو، مریم؛ رحمتی، مریم (1400). الگوسازی تأثیر مدیریت جهادی و رفتار سیاسی بر بهره‎وری نیروی انسانی با نقش واسطه‎ای فضیلت سازمانی. توسعه مدیریت منابع انسانی و پشتیبانی، 7 (60)، 54-27. dor: 20.1001.1.17359384. 1400.16.60.2.3
جعفری صمیمی، احمد؛ دقیقی اصلی، علیرضا؛ عرب، مهشاد (1388). بررسی تأثیر فناوری اطلاعات و ارتباطات بر بهره‎وری کل عوامل تولید در کشورهای منتخب جهان. ‎اقتصاد مالی، ‎3 (9)، 27-1. doi: 20.1001.1.25383833.1388.3.9.1.8
داوند، محمد؛ موسوی شفایی، سید مسعود (1395). تأثیر دیپلماسی اقتصادی پسامدرن بر تحقق اهداف اقتصاد داخلی ایالات متحده آمریکا (۲۰۱۲-۲۰۰۹). مطالعات راهبردی سیاست‎گذاری عمومی، 7 (24)، 113-93.
زاهدی، شمس السادات. (1385). مبانی توریسم و اکوتوریسم پایدار (با تأکید بر محیط‎زیست). دانشگاه علامه طباطبایی، شماره نشر 191، تهران.
شاه‎آبادی، ابوالفضل؛ مرادی، علی؛ تورانی، نیکتا (1396). اثر متقاطع فراوانی منابع طبیعی و حکمرانی خوب بر بهره‎وری کل عوامل تولید در کشورهای منتخب صادرکننده نفت. پژوهشنامه بازرگانی‎، 22 (85)، 25-1. doi: 20.1001.1.17350794.1396.22.85. 1.4.
طبقچی اکبری، لاله؛ بابازاده، محمود؛ سامعی، قاسم؛ آخوندزاده یوسفی، طاهره (1400). تأثیر عوامل سیاسی بر مؤلفه‎های بهره‎وری در کشورهای منتخب در حال توسعه (با تکیه بر نهادهای حاکمیتی). مطالعات اقتصاد سیاسی بین‎الملل، 4 (1)، 346-307. doi: 10.22126/ipes.2021.5154.1245
طیبی، سید کمیل؛ آذربایجانی، کریم؛ منوچهری، صلاح‎الدین (1395). اثرات برون‎سپاری بین‎المللی و سرمایه با فناوری بالا بر بهره‎وری کل عوامل تولید: مطالعه موردی صنایع منتخب با فناوری بالای ایران. پژوهش‎های رشد و توسعه اقتصادی، 7 (25)، 32-13. .doi: 20.1001.1.22285954.1395.7.25.12.6
عیسی‎زاده، سعید؛ صوفی مجیدپور، مسعود (1396). رشد بهره‎وری کل عوامل تولید، پیشرفت تکنولوژیکی، تغییرات کارایی: شواهد تجربی از صنایع تولید ایران. ‎مدل‎سازی اقتصادی، 11 (4)، 48-20. https://sanad.iau.ir/en/Journal/eco/Article/ 604864?jid=604864&lang=fa
قاسمی‎فر، ثمینه؛ شاه‎آبادی، ابوالفضل؛ شیرین‎بخش، شمس‎الله؛ موسوی، میرحسین؛ احمدیان، اعظم (1401). ارزیابی اثرات استرس سیستمیک بر بهره‎وری کل عوامل تولید با رویکرد بیزین: مطالعه موردی اقتصاد ایران. پژوهش‎های رشد و توسعه اقتصادی، 13 (49)، 13-34. doi: 10.30473/egdr.2021.58993.6216
نجارزاده، رضا؛ تمنایی‎فر، سیما (1390). اثر آزادسازی تجاری بر بهره‎وری کل عوامل تولید در گروه منتخب کشورهای سازمان همکاری اسلامی. اقتصاد ‎و تجارت نوین، 7 (1)، 72-53. doi: 10.22055/jqe.2012.10569
References
Abidin, N. Z., ‎Karim, Z. A., Shaari, M. S. &‎ Laila, N. (2021). The effect of foreign direct investment on total factor productivity in selected ASEAN+3 countries: New evidence using a panel ARDL study. The Journal of Asian Finance, Economics and Business, 8(10), 109-117. doi: 10.13106/jafeb.2021.vol8.no10.0109 (In Persian).
Anholt, S. (2007). Competitive identity: The new brand management for nations, cities and regions, Basingstoke. England: Palgrave Macmillan.
Ansarinasab, M. & Namdari, S. (2016). The investigation of effect of globalization and trade liberalization on total factor productivity growth in the MENA and EU15 Countries. Quarterly Journal of Fiscal and Economic Policies, 14(4), 151-170. http://qjfep.ir/article-1-447-en.html (In Persian).
Ariabod, A., Moghaddasi, R., & Zeraatkish, S. Y. (2020). Studying of good Governance connection with producing and utilization all factors in group of developing and OECD countries. Agricultural Economics Research, 12 (47), 289-318. doi: 20.1001.1.20086407.1399.12.47. 12.6 (In Persian).
Bagheri, H., Seif, A. M., & Shahbazi, N. (2017). The proposed pattern of economic diplomacy of the islamic republic of Iran in external deepening of the Islamic revolution. Security Horizons, 10 (34), 35-64. doi: 20.1001.1.25381857.1396.10.34.2.2 (In Persian).
Behkish, M. M. (2010). Iran's economy in the context of globalization. Tehran: Ney, fifth edition (In Persian).
Beikzad, J., Razmjou, M., & Rahmati, M. (2021). Modeling the impact of jihadi management and political behavior on manpower productivity with the mediating role of organizational virtue. Quartely Journal of Logistics & Human Resources Management, 16(60), 27-54. dor: 20.1001.1.17359384.1400.16.60.2.3 (In Persian).
Butcher, G., Fairweather, J. R. & Simmons, D. G. (2003). The economic impact of tourism on christchurchcity and akaroa township. Journal of Economic Dynamics and Control, 11, 211-200. https://hdl.handle.net/10182/252.
Davand, M., & Mousavi Shafaee, S. M. (2017). Postmodern economic diplomacy and the us national economic interests (2009-2012). Strategic Studies of Public Policy, 7 (24), 93-113 (In Persian).
Dean, B. V., & Goldhar, J. D. (1980). Management of research and innovation. North-Holland Publishing Company.
DeBresson, C. (1999). An entrepreneur cannot innovate alone: Networks of enterprises are required. In DRUID Summer Conference (pp. 9-12).
Dedrick, J., Kraemer, K. L., & Shih, E. (2013). Information technology and productivity in developed and developing countries. Journal of Management Information Systems, 30 (1), 97-122. doi: 10.2753/MIS0742-1222300103.
Fadiran, D. & Akanbi, O. A. (2017). Institutions and other determinants of total factor productivity in Sub-Saharan Africa. Working Papers 714, Economic Research Southern Africa.
Griliches, Z. (1998). R&D and productivity: The unfinished business. In R&D and Productivity: The Econometric Evidence (pp. 269-283). University of Chicago Press.
Isazadeh, S. & Soufimajidpour, M. (2018). TFP growth, technological progress, efficiency changes: empirical evidence from Iranian manufacturing. Industries. .Economic Modeling, 11 (4), 20-48. https://sanad.iau.ir/en/Journal/eco/Article/604864?jid=604864&lang=fa (In Persian).
Jafarisamimi, A, Daghighi Asli, A. & Arab, M. (2010). The Impact of ICT onTotal Factor Productivity in Selected Countries of The World. Journal of Financial economics, 3 (9), 1-27. doi: 20.1001.1.25383833.1388.3.9.1.8 (In Persian)..
Justinek, G. (2018). (Economic) diplomacy: in need of a new paradigm? Chapters, in: Peter A.G. van Bergeijk & Selwyn J.V. Moons (ed.), Research Handbook on Economic Diplomacy, chapter 2, pages 30-38, Edward Elgar Publishing.
Kamali Zonouzi, M., Hoseyni, M. & Khoramshahi, M. (2021). Political factors affecting the survival of SMEs case study: An empirical study in Tehran Grand Bazaar. Asia Pacific Management Review, ‎26(1), ‎47-56. doi: 10.1016/j.apmrv.2020.07.002.
Kim, Y. (2006). Do South Korean companies need to obscure their country-of-origin image? A case of Samsung. Corporate Communications: An International Journal, 11(2): 126-137. doi: 10.1108/13563280610661660.
Larraín, F. & Tavares, J. (1999). Can openness deter corruption? the role of foreign direct investment. CEPR Discussion Papers 6488, C.E.P.R. Discussion Papers.
Li, L., & Luo, C. (2023). Does administrative decentralization promote outward foreign direct investment and productivity? Evidence from China. Economic Modelling, 124, 106296. doi: 10.1016/j.econmod.2023.106296.
Majeed, ‎S., Ahmed, Q. M. & Butt, M. S. (2010). Trade liberalization and total factor productivity growth (1971–2007). Pakistan Economic and Social Review, 48 (1), 61-84. doi: 10.2307/41762414.
Miao, M., Yushi, J. & Borojo, D. G. (2020).‎ The impacts of China–Africa economic relation on factor productivity of African countries. Economies, 8 (2), 1-29. doi: 10.3390/ economies8020047.
Najarzadeh, R., Tamanaeifar, S., & Goli, Y. (2012). The Impact of Trade Liberalization on Total Factor Productivity in Group of Islamic Countries. Quarterly Journal of Quantitative Economics, 9 (2), 129-152. doi: 10.22055/jqe.2012.10569 (In Persian).
Naray, O. (2011). Commercial diplomats in the context of international business. The Hague Journal of Diplomacy, 6 (1-2), 121-148. doi: 10.1163/187119111X557382.
Qasemifar, S., Shahabadi, A., Shirinbakhsh, S., Mousavi, M., & Ahmadyan, A. (2023). Evaluating the Effects of Systemic Stress on Total Factor Productivity with Bayesian Approach: A Case Study of Iranian Economy. Economic Growth and Development Research, 13 (49), 32-13. doi: 10.30473/egdr.2021.58993.6216 (In Persian).
Rincon, A. A. & Vecchi, M. (2004). The dynamic impact of ICT spillovers on companies' productivity performance. National Institute of Economic and Social Research, 245.
Seker, M. & Saliola, F. (2018). A cross-country analysis of total factor productivity using micro-level data. Central Bank Review, 18 (1), 13-27. doi: 10.1016/j.cbrev.2018.01.001.
Serdaroglu, T. (2015). Financial openness and total factor productivity in Turkey. Procedia Economics and Finance, 30, 848-862. doi: 10.1016/S2212-5671(15)01335-0.
Shahabadi, A., Moradi, A., & Toorani, N. (2018). The interaction of good governance and abundance of natural resources on total factor productivity in selected petroleum exporting countries. Iranian Journal of Trade Studies, 22 (85), 1-25. doi: 20.1001.1.17350794.1396. 22.85.1.4 (In Persian).
Tabaghchiakbari, L., Babazadeh, M., Sameei, G., & AkhundzadehYousefi, T. (2021). The effect of political factors on productivity components in selected developing countries (relying on governmental institutions). International Political Economy Studies, 4 (1), 307-346. doi: 10.22126/ipes.2021.5154.1245 (In Persian).
Tayebi, S. K., Azarbayejani, K., & Manouchehri, S. (2016). Effects of international outsourcing and high-tech capital on total factor productivity: The case of Iran’s high-tech industries. Economic Growth and Development Research, 7(25), 17-36. doi: 20.1001.1.22285954.1395.7.25.12.6 (In Persian).
Tonami, A. (2018). Exporting the developmental state: Japan’s economic diplomacy in the arctic. Third World Quarterly, 39(6): 1211-1225. doi: 10.1080/01436597.2017.1415142.
Wooldrige, J. M. (2008). Introductory econometrics: A modern approach, Michigan. Cengage-Learning.
Yang, C. & Li, X. (2011). The study on employer brand strategy in private enterprises from the perspective of human resource management. Energy Procedia, 5, 2087–2091.
Zahedi, Sh. A. S. (2007). Basics of sustainable tourism and ecotourism (with emphasis on the environment). Allameh Tabatabayi University, publication number 191, Tehran (In Persian).
International Political Economy Studies
Volume 7, Issue 1 - Serial Number 1
August 2024
Pages 170-191

Files

History

  • Receive Date: 25 November 2022
  • Revise Date: 20 May 2023
  • Accept Date: 02 June 2024

Share

How to cite

Statistics