Almas Heshmati is Professor of Economics at the Jönköping University (Sweden) and Sogang University (South Korea). He was professor of Economics at the Korea University, Seoul National University, University of Kurdistan at Hawler, RATIO Institute, Stockholm and MTT Agrifood Research, Helsinki and Research Fellow at the World Institute for Development Economics Research (WIDER), The United Nations University, Helsinki during 2001-2004. From 1998 until 2001, he was an Associate Professor of Economics at the Stockholm School of Economics.

He has a Ph.D. degree from the University of Gothenburg (1994), where he held a Senior Researcher position until 1998. His research interests include agricultural economics, development economics, energy economics, industrial organization, labor, globalization, income distribution, productivity, efficiency, growth, health care and capital structure. He is member of the Scientific Committee of the International Conference on Panel Data. His publications include papers in the Agricultural Economics, American Journal of Agricultural Economics, Applied Economics, Applied Financial Economics, Econometric Reviews, Economic Theory, Empirical Economics, European Journal of Operational Research, Global Economy Journal, International Journal of Industrial Organization, International Journal of Production Economics, Journal of Applied Econometrics, Journal of Economic Surveys, Journal of Productivity Analysis, Journal of the World System Research, Scandinavian Journal of Economics, Scandinavian Journal of Educational Research, and Structural Change and Economic Dynamics.

He joined IZA as a Research Fellow in April 2000.



IZA Discussion Paper No. 11407
Hemachandra Padhan, Ilham Haouas, Bhagaban Sahoo, Almas Heshmati

This study uses 1971-2013 panel data to explore the implications of growth, wealth disparities and energy consumption on carbon emissions in a sample of Next-Eleven (N-11) countries. It uses modern econometric techniques to highlight a long-run interplay between selected variables in the carbon emissions function for all the N-11 nations...

IZA Discussion Paper No. 10909
Seyoung Chae, Almas Heshmati

This study investigates the characteristics that contribute to elderly poverty, mainly focusing on individuals' lifetime work experience. It adopts the heterogeneous relative poverty line which differs by gender, province of residence and over time. It calculates the work experience and obtains demographic variables using the Korean Labor and Income Panel...

IZA Discussion Paper No. 10897
Haeyeon Yoon, Almas Heshmati

In an attempt to verify the pollution haven hypothesis, this study investigates the impact of environmental regulations on foreign direct investment (FDI). We use Korean outward FDI data covering the manufacturing sector for 2009-15. The study not only considers the stringency but also the enforcement of environmental regulations when measuring...

IZA Discussion Paper No. 10880
Almas Heshmati, Nam-Seok Kim

This study investigates the relationship between economic growth and democracy by estimating a nation's production function specified as static and dynamic models using panel data. In estimating the production function, it applies a single time trend, multiple time trends and the general index formulations to the translog production function to...

IZA Discussion Paper No. 10554
Lyubov Tsoy, Almas Heshmati

This study examines the impact of 1997 Asian and 2008 Global financial crises on the capital structure of Korean listed companies. Using a data set covering 1,159 Korean listed non-financial firms from 10 industrial sectors over period 1985-2015, the pattern of firms' capital structure before and after the crises is...

IZA Discussion Paper No. 10553
Bobae Noh, Almas Heshmati

This paper aims to estimate the impact of bilateral Official Development Assistance (ODA) provided by Korea on its bilateral export to recipient countries. The empirical analysis is based on data from 1996 to 2014 with 121 recipient countries. Although the two models of determinants of ODA and its export effectiveness...

IZA Discussion Paper No. 10448
Almas Heshmati, Masoomeh Rashidghalam

This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of the traditional production model where technology is represented by a time trend. TFP growth is decomposed into unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based...

IZA Discussion Paper No. 10131
Abdou Musonera, Almas Heshmati

This study examines the determinants of women's empowerment in Rwanda using data obtained from DHS 2010. A regression analysis is used to investigate the association between women's empowerment and its covariates. The study also uses a multinomial logistic regression to assess what determines households' decision-making and attitudes towards physical abuse...

IZA Discussion Paper No. 10117
Eric Uwitonze, Almas Heshmati

The service sector is an avenue for economic transformation as not all countries have a competitive edge in manufacturing. The growing literature on service sector primarily focuses on its development in the US and Europe and on Asian emerging service economies like India. Not as much attention has been paid...

IZA Discussion Paper No. 9923
Almas Heshmati, Masoomeh Rashidghalam

Labour productivity reflects a firm's ability to generate higher production or value-added. This paper analyses labour productivity and its determinants in the manufacturing and service sectors in Kenya. As the largest economy in East Africa, it is crucial for Kenya to have high labour productivity as it has strong implications...