TESTING FOR CAPITAL - SKILL COMPLEMENTARITY HYPOTHESIS; AN EMPRICAL CASE STUDY OF IRAN
Present research study aims to test the capital-skill complementarity hypothesis in the context of Iranian economy. Capital and skilled labor are postulated to be complementary. Skilled labors are defined as those labors with university education. To test this hypothesis, sector-wise demand function...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2001-03-01
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| Series: | فصلنامه پژوهشهای اقتصادی ایران |
| Online Access: | https://ijer.atu.ac.ir/article_3810_f50a3c2e57325d216f7af2cdc979cb03.pdf |
| _version_ | 1797369442033729536 |
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| author | Jamshid Pazhooyan Alireza Amini |
| author_facet | Jamshid Pazhooyan Alireza Amini |
| author_sort | Jamshid Pazhooyan |
| collection | DOAJ |
| description | Present research study aims to test the capital-skill complementarity hypothesis in the context of Iranian economy. Capital and skilled labor are postulated to be complementary. Skilled labors are defined as those labors with university education. To test this hypothesis, sector-wise demand functions for this class of labor have been estimated. These sectors are classified as: agriculture, industry, public, social, personal and housing services and other services. The econometric results indicate that capital and skilled labor appear to be complementary in all production and service sectors. As such, introduction of policies such as tax credit investment would result in cost reduction in terms of investment expenditures, and increase in demand for skilled labor force. Across the production sectors, skilled and unskilled labor has appeared as substitutes while in service complementary to each other but with fuel it appears as complementary. |
| first_indexed | 2024-03-08T17:46:56Z |
| format | Article |
| id | doaj.art-4cb94091328a4a17bd12f6d51f22c681 |
| institution | Directory Open Access Journal |
| issn | 1726-0728 2476-6445 |
| language | fas |
| last_indexed | 2024-03-08T17:46:56Z |
| publishDate | 2001-03-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | فصلنامه پژوهشهای اقتصادی ایران |
| spelling | doaj.art-4cb94091328a4a17bd12f6d51f22c6812024-01-02T10:27:24ZfasAllameh Tabataba'i University Pressفصلنامه پژوهشهای اقتصادی ایران1726-07282476-64452001-03-013شماره 8 (بهار و تابستان 1380)79993810TESTING FOR CAPITAL - SKILL COMPLEMENTARITY HYPOTHESIS; AN EMPRICAL CASE STUDY OF IRANJamshid Pazhooyan0Alireza Amini1Professor, Faculty of Economics, Allameh Tabatabai UniversityPhD student in Economics, Islamic Azad UniversityPresent research study aims to test the capital-skill complementarity hypothesis in the context of Iranian economy. Capital and skilled labor are postulated to be complementary. Skilled labors are defined as those labors with university education. To test this hypothesis, sector-wise demand functions for this class of labor have been estimated. These sectors are classified as: agriculture, industry, public, social, personal and housing services and other services. The econometric results indicate that capital and skilled labor appear to be complementary in all production and service sectors. As such, introduction of policies such as tax credit investment would result in cost reduction in terms of investment expenditures, and increase in demand for skilled labor force. Across the production sectors, skilled and unskilled labor has appeared as substitutes while in service complementary to each other but with fuel it appears as complementary.https://ijer.atu.ac.ir/article_3810_f50a3c2e57325d216f7af2cdc979cb03.pdf |
| spellingShingle | Jamshid Pazhooyan Alireza Amini TESTING FOR CAPITAL - SKILL COMPLEMENTARITY HYPOTHESIS; AN EMPRICAL CASE STUDY OF IRAN فصلنامه پژوهشهای اقتصادی ایران |
| title | TESTING FOR CAPITAL - SKILL COMPLEMENTARITY HYPOTHESIS; AN EMPRICAL CASE STUDY OF IRAN |
| title_full | TESTING FOR CAPITAL - SKILL COMPLEMENTARITY HYPOTHESIS; AN EMPRICAL CASE STUDY OF IRAN |
| title_fullStr | TESTING FOR CAPITAL - SKILL COMPLEMENTARITY HYPOTHESIS; AN EMPRICAL CASE STUDY OF IRAN |
| title_full_unstemmed | TESTING FOR CAPITAL - SKILL COMPLEMENTARITY HYPOTHESIS; AN EMPRICAL CASE STUDY OF IRAN |
| title_short | TESTING FOR CAPITAL - SKILL COMPLEMENTARITY HYPOTHESIS; AN EMPRICAL CASE STUDY OF IRAN |
| title_sort | testing for capital skill complementarity hypothesis an emprical case study of iran |
| url | https://ijer.atu.ac.ir/article_3810_f50a3c2e57325d216f7af2cdc979cb03.pdf |
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