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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Main Authors: Masoud Nili, Shahab Nafisi
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2006-01-01
Series:فصلنامه پژوهش‌های اقتصادی ایران
Subjects:
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).
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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
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