نویسندگان

چکیده مقاله

Promotion of efficiency and productivity affects the main economic, social and political phenomena of societies, such as lowering inflation, increasing welfare, increasing employment and increasing competitiveness. Therefore, the purpose of this study is to analyze the effects of market efficiency as one of the pillars of economic resilience on economic success of Asian countries with the average upward competitiveness index for the period 2008-2018. For this purpose, using the Panel Vector Error Correction Model (PVECM), the effects of market efficiency on the economic success of these countries were investigated. In general, the results indicate that improving the market efficiency in the medium and long run lead to increase the rate of economic growth and decrease in unemployment rate and ultimately increase in economic success. The results also showed that the most effective variable on market efficiency is investment which has the greatest impact on market efficiency in the medium and long run.