The impact of digital currency and economic freedom on exports

Document Type : Original Article

Authors

1 Ph.D. Candidate, Department of Economics, Miyaneh Branch, Islamic Azad University, Miyaneh, Iran

2 Associate professor, Department of Economics, Tabriz Branch, Islamic Azad University , Tabriz, Iran

3 Associate Professor, Department of Economics, Tabriz Branch, Islamic Azad University, Tabriz, Iran

4 Professor of Economics, Faculty of Social Sciences and Economics, Alzahra University, Tehran, Iran

5 Assistant Professor, Department of Management, Miyaneh Branch, Islamic Azad University, Miyaneh, Iran

Abstract

The virtual space and the increasing use of it by people in their daily life has been the beginning of the production of a trading unit called digital currency. Economic freedom is the ability of individuals to make their own economic decisions without interference/restrictions of the government or anti-market decisions of the government in favor of certain groups. However, it is not a definition referring to the removal of the government from legislation, planning and implementation of macroeconomic policies; Because supervision and control of the market, activities and policies of trade (domestic and foreign) is the inherent duty of governments. Economic freedom emphasizes the importance of the development and presence of the private sector, banks and private financial institutions, competitive market, import management and support of domestic industries. In this research, using panel data during the period from 2015 to 2021, the effect of digital currency and economic freedom on the export of goods in selected science-producing countries has been investigated by the method of generalized moments. The results show the positive and significant effect of digital currency, rate Conventional currency is innovation, economic freedom over the export of goods.

Keywords

Main Subjects

References

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Journal of International Business Administration
Volume 7, Issue 4 - Serial Number 28
February 2025
Pages 195-218

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History

  • Receive Date: 09 April 2024
  • Revise Date: 10 July 2024
  • Accept Date: 25 July 2024

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