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Selection of Industrial Investment of a Province in Iran

Author

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  • Younos Vakil Alroaia
  • Hamid Gharzi

Abstract

This paper focuses on the ranking of industrial investment in the Khorasan-e-Razavi province of Iran. The designing of industry must involve selection of those that have sufficient success potential. Hence, from several factors of success, the following four indices have been selected—export rate, productivity, employment, and capital. These indices have been studied over a period of five years and important criteria for evaluating the alternatives (selection of industry) by each of the above four indices have been identified. Also, the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) has been employed to calculate the success potential of each alternative, as evaluated by the indices. The empirical data comprises the longitudinal survey of the industries of the Khorasan-e-Razavi province. The study finds that beverage and food industries are placed as the first priority. The study also finds nine industries, which are expected to employ labor and increase their investment as well as efficiency.

Suggested Citation

  • Younos Vakil Alroaia & Hamid Gharzi, 2009. "Selection of Industrial Investment of a Province in Iran," The IUP Journal of Accounting Research and Audit Practices, IUP Publications, vol. 0(3-4), pages 108-115, July-Octo.
    • Handle: RePEc:icf:icfjar:v:08:y:2009:i:3-4:p:108-115
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