Estimating the Development Index of Production Cooperatives as one of the Institutions of Resistance Economy and Macroeconomic Factors Affecting It: Fuzzy Logic and Panel Data Approach
Document Type : Research Paper
Authors
1 Professor/ Department of Economics/ Faculty of Economics and Accounting/ Razi University/ Kermanshah/ Iran.
2 Renewable Energy and Energy Efficiency Organization of Iran (SATBA), Tehran, Iran.
Abstract
In recent years, many restrictions and obstacles have been imposed exogenously on Iran's economy. Resistance economy has been proposed as a solution to deal with these obstacles and limitations. Since the cooperative sector, especially the production cooperatives and their development, has a major role in the resistance economy, therefore, it is of particular importance to study, introduce and estimate the development index of production cooperatives and identify the macroeconomic factors affecting it. With this aim, in this article, the development index of production cooperatives has been estimated as one of the institutions of resistance economy and the macroeconomic factors affecting it have been explained. In this regard, by using the fuzzy logic method, the development index of production cooperatives in 5 different sectors (including handwoven carpet cooperatives, industrial, agricultural, mining, and total production cooperatives) in the provinces of Iran from 2011 to 2017 is calculated. Then, using the panel data method, the macroeconomic factors affecting the development of production cooperatives in different sectors are investigated. The results of the panel data model showed that the added value of different production sectors has a positive and significant effect on the development of cooperatives. On the other hand, the consumer price index and exchange rate have a negative and significant effect on the development of production cooperatives in most models. It is suggested to control extreme fluctuations in the exchange rate and the inflation rate with appropriate monetary and fiscal policies and supply side policies to increase the resilience of the economy.
Keywords
)