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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Format: | Article |
Language: | fas |
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Allameh Tabataba'i University Press
2016-03-01
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Series: | فصلنامه پژوهشهای اقتصادی ایران |
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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. |
first_indexed | 2024-03-08T17:46:25Z |
format | Article |
id | doaj.art-e0bbe5b063454367bc4146c305e8b391 |
institution | Directory Open Access Journal |
issn | 1726-0728 2476-6445 |
language | fas |
last_indexed | 2024-03-08T17:46:25Z |
publishDate | 2016-03-01 |
publisher | Allameh Tabataba'i University Press |
record_format | Article |
series | فصلنامه پژوهشهای اقتصادی ایران |
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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