Estimation of the Human Capital of Iran Based on the Average Years of Education of the Labor Force
Human capital is an important ingredient of the new growth theory and, therefore its estimation has become a vital element for the growth regression models. In spite of this importance, an estimation of human capital has not yet been made for Iran. In this paper, the average years of education of th...
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Allameh Tabataba'i University Press
2006-01-01
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Series: | فصلنامه پژوهشهای اقتصادی ایران |
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Online Access: | https://ijer.atu.ac.ir/article_3714_12a4b18be7e04a9e514b0e3e59ffe8af.pdf |
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author | Masoud Nili Shahab Nafisi |
author_facet | Masoud Nili Shahab Nafisi |
author_sort | Masoud Nili |
collection | DOAJ |
description | Human capital is an important ingredient of the new growth theory and, therefore its estimation has become a vital element for the growth regression models. In spite of this importance, an estimation of human capital has not yet been made for Iran. In this paper, the average years of education of the labor force of Iran, as a proxy for the human capital, has been estimated for the period 1966-2000. Because of using labor force instead of the population, the real number of students instead of enrolment rates, and taking into account the elements such as changes in the education system in 1966-2000, immigration, mortality, unemployment rates, the current research provides a more reliable result than those obtained by using conventional methods like Barro and Lee (2000). |
first_indexed | 2024-03-08T17:47:29Z |
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institution | Directory Open Access Journal |
issn | 1726-0728 2476-6445 |
language | fas |
last_indexed | 2024-03-08T17:47:29Z |
publishDate | 2006-01-01 |
publisher | Allameh Tabataba'i University Press |
record_format | Article |
series | فصلنامه پژوهشهای اقتصادی ایران |
spelling | doaj.art-d6f83b0726f147eca85cf022ac0c3efc2024-01-02T10:27:46ZfasAllameh Tabataba'i University Pressفصلنامه پژوهشهای اقتصادی ایران1726-07282476-64452006-01-017251223714Estimation of the Human Capital of Iran Based on the Average Years of Education of the Labor ForceMasoud Nili0Shahab Nafisi1Assistant Professor, Graduate School of Management and Economics, Sharif University of Technology, Tehran, IranM.S, Graduate in engineering, Social-Economic systemsHuman capital is an important ingredient of the new growth theory and, therefore its estimation has become a vital element for the growth regression models. In spite of this importance, an estimation of human capital has not yet been made for Iran. In this paper, the average years of education of the labor force of Iran, as a proxy for the human capital, has been estimated for the period 1966-2000. Because of using labor force instead of the population, the real number of students instead of enrolment rates, and taking into account the elements such as changes in the education system in 1966-2000, immigration, mortality, unemployment rates, the current research provides a more reliable result than those obtained by using conventional methods like Barro and Lee (2000).https://ijer.atu.ac.ir/article_3714_12a4b18be7e04a9e514b0e3e59ffe8af.pdfhuman capitallabor forceeducation system |
spellingShingle | Masoud Nili Shahab Nafisi Estimation of the Human Capital of Iran Based on the Average Years of Education of the Labor Force فصلنامه پژوهشهای اقتصادی ایران human capital labor force education system |
title | Estimation of the Human Capital of Iran
Based on the Average Years of Education of the Labor Force |
title_full | Estimation of the Human Capital of Iran
Based on the Average Years of Education of the Labor Force |
title_fullStr | Estimation of the Human Capital of Iran
Based on the Average Years of Education of the Labor Force |
title_full_unstemmed | Estimation of the Human Capital of Iran
Based on the Average Years of Education of the Labor Force |
title_short | Estimation of the Human Capital of Iran
Based on the Average Years of Education of the Labor Force |
title_sort | estimation of the human capital of iran based on the average years of education of the labor force |
topic | human capital labor force education system |
url | https://ijer.atu.ac.ir/article_3714_12a4b18be7e04a9e514b0e3e59ffe8af.pdf |
work_keys_str_mv | AT masoudnili estimationofthehumancapitalofiranbasedontheaverageyearsofeducationofthelaborforce AT shahabnafisi estimationofthehumancapitalofiranbasedontheaverageyearsofeducationofthelaborforce |