Islamic Economics Studies Bi-quarterly Journal

Ignoring Socio-Economic Resilience, is a Threat to Implementation of Islamic-Iranian Model of Progress: Case Study of Khuzestan Province

Document Type : Research Paper

Authors

1 Associate Professor of Economics, Faculty of Economics and Social Sciences, Shahid Chamran University of Ahvaz, Ahvaz, Iran

2 Assistant Professor of Economics, Faculty of Economics and Social Sciences, Shahid Chamran University of Ahvaz, Ahvaz, Iran

Abstract

Socio-economic resilience is an important issue in any society and deserves to concentrate on it in all economic planning. However, this very important issue is ignored in almost all socio-economic plans of Iran during last decades. The risk of such an ignorance is more, when the economic indices are evaluated suitable, while from resilience perspective is not in good condition and vice versa. Thus, having faced a critical condition, it is so important to know how much an economic variable or index can resist.
     The purpose of this paper is to design a system of evaluating and estimating the socio-economic resilience of Khuzestan province in the period of 1991-2016. To do that, employing MIMIC and maximum likelihood (LM) approach and using micro and macroeconomic variables as well as monetary and banking indices to calculate the resilience of Khuzestan province condition. 
     The results show that many of socio-economic indices of Khuzestan province are unstable and inelastic. However, variables such as bank deposits, amount of doctors, private hospitals, ration of suicide amount of Khuzestan to country, migrants to and from province, and the ratio of marriage to divorce are in a very critical condition

Keywords

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Islamic Economics Studies Bi-quarterly Journal
Volume 12, Issue 2 - Serial Number 24
May 2020
Pages 347-375