The Effect of the Composition of Human Capital on Regional Economic Growth in Iran: Spatial Dynamic Panel Data Approach

Economic theory has emphasized the important role of human capital on national and regional economic growth. The present study aimed to analyze the effect of the composition of human capital on economic growth in Iranian provinces. We estimated a Spatial Dynamic Panel Data model by using Generalized...

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Main Authors: Zahra Dehghan Shabani, Ebrahim Hadian, Faezeh Nasirzadeh
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2016-03-01
Series:فصلنامه پژوهش‌های اقتصادی ایران
Subjects:
Online Access:https://ijer.atu.ac.ir/article_7041_43c27da2e84e978cf64f675b4fa00626.pdf
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author Zahra Dehghan Shabani
Ebrahim Hadian
Faezeh Nasirzadeh
author_facet Zahra Dehghan Shabani
Ebrahim Hadian
Faezeh Nasirzadeh
author_sort Zahra Dehghan Shabani
collection DOAJ
description Economic theory has emphasized the important role of human capital on national and regional economic growth. The present study aimed to analyze the effect of the composition of human capital on economic growth in Iranian provinces. We estimated a Spatial Dynamic Panel Data model by using Generalized Method of Moments technique for 28 Iranian provinces over the period 2001-2011. The results indicated that tertiary and primary and secondary education had positive and significant effects on economic growth. Also, the human capital structure had an inverse-U-shape effect on economic growth. In other words, growth is increasing in the human capital structure at low levels of the human capital structure, but the relation turns negative once the human capital structure exceeds a critical value.
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spelling doaj.art-e0bbe5b063454367bc4146c305e8b3912024-01-02T10:29:18ZfasAllameh Tabataba'i University Pressفصلنامه پژوهش‌های اقتصادی ایران1726-07282476-64452016-03-01216613010.22054/ijer.2016.70417041The Effect of the Composition of Human Capital on Regional Economic Growth in Iran: Spatial Dynamic Panel Data ApproachZahra Dehghan Shabani0Ebrahim Hadian1Faezeh Nasirzadeh2استادیار، بخش اقتصاد، دانشگاه شیرازدانشیار، بخش اقتصاد، دانشگاه شیرازکارشناس ارشد علوم اقتصادی، دانشگاه شیرازEconomic theory has emphasized the important role of human capital on national and regional economic growth. The present study aimed to analyze the effect of the composition of human capital on economic growth in Iranian provinces. We estimated a Spatial Dynamic Panel Data model by using Generalized Method of Moments technique for 28 Iranian provinces over the period 2001-2011. The results indicated that tertiary and primary and secondary education had positive and significant effects on economic growth. Also, the human capital structure had an inverse-U-shape effect on economic growth. In other words, growth is increasing in the human capital structure at low levels of the human capital structure, but the relation turns negative once the human capital structure exceeds a critical value.https://ijer.atu.ac.ir/article_7041_43c27da2e84e978cf64f675b4fa00626.pdfregional growthhuman capitalspatial dynamic panel datairan
spellingShingle Zahra Dehghan Shabani
Ebrahim Hadian
Faezeh Nasirzadeh
The Effect of the Composition of Human Capital on Regional Economic Growth in Iran: Spatial Dynamic Panel Data Approach
فصلنامه پژوهش‌های اقتصادی ایران
regional growth
human capital
spatial dynamic panel data
iran
title The Effect of the Composition of Human Capital on Regional Economic Growth in Iran: Spatial Dynamic Panel Data Approach
title_full The Effect of the Composition of Human Capital on Regional Economic Growth in Iran: Spatial Dynamic Panel Data Approach
title_fullStr The Effect of the Composition of Human Capital on Regional Economic Growth in Iran: Spatial Dynamic Panel Data Approach
title_full_unstemmed The Effect of the Composition of Human Capital on Regional Economic Growth in Iran: Spatial Dynamic Panel Data Approach
title_short The Effect of the Composition of Human Capital on Regional Economic Growth in Iran: Spatial Dynamic Panel Data Approach
title_sort effect of the composition of human capital on regional economic growth in iran spatial dynamic panel data approach
topic regional growth
human capital
spatial dynamic panel data
iran
url https://ijer.atu.ac.ir/article_7041_43c27da2e84e978cf64f675b4fa00626.pdf
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