@article{Mohammadi:277425,
      recid = {277425},
      author = {Mohammadi, H. and Abolhasani, L. and Shahnoushi, N. and  Shabanian, F.},
      title = {The effects of business cycle indicators on stock market  indices of food industry in Iran},
      address = {2018-07},
      year = {2018},
      abstract = {This paper investigates the effects of the business cycle  indicators on stock market indices of food industry  companies in Iran stock market. Using dynamic panel and  Panel VAR methods for seasonal data of 2001-2015, the  results show that the effect of GDP and agricultural  value-added as indicators of business cycle on stock market  indices of sales volume, price index, net profit and stock  return are positive. The results of panel VAR models also  show that the shocks entered by GDP and agricultural value  ?added have a different effect on stock market indices of  sales volume, price index, net profit and ?stock return.  Due to the positive effects of the business cycles  indicators on the stock market indices of food industry  companies, it is recommended that policy-makers consider  strategies to increase GDP and agriculture value-added.  

Acknowledgement :  I am attaching herewith a manuscript  entitled  ?The Impacts of Business Cycle Indicators on  Stock Market Indices of Food Industry  for the 30th  international conference of agricultural economics. With  the submission of this manuscript, I would like to  undertake that the above-mentioned manuscript has not been  published elsewhere, accepted for publication elsewhere or  under editorial review for publication elsewhere. Please  don't hesitate to contact me for further information.  Thanks in advance for your time and consideration.  Sincerely Hosein Mohammadi, Associate Professor of  Agricultural Economics Ferdowsi University of Mashhad,  Iran},
      url = {http://ageconsearch.umn.edu/record/277425},
      doi = {https://doi.org/10.22004/ag.econ.277425},
}