The Effects of Knowledge-Based Economy on Economic Growth
The spread of information and communication technology and its effects on information and data transfer, in association with high quality education, a favorable economic regime, and innovation in economy, has played an indispensable role in sustainable growth and development. This study is conducted...
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Format: | Article |
Language: | fas |
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Allameh Tabataba'i University Press
2018-03-01
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Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
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Online Access: | https://joer.atu.ac.ir/article_8691_62fb262cf9c49f0ac3b2591f55469ca6.pdf |
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author | Ali Asghar Salem |
author_facet | Ali Asghar Salem |
author_sort | Ali Asghar Salem |
collection | DOAJ |
description | The spread of information and communication technology and its effects on information and data transfer, in association with high quality education, a favorable economic regime, and innovation in economy, has played an indispensable role in sustainable growth and development. This study is conducted to identify the role and effect of knowledge-based economy on economic growth within the context of existing economic literature. In this line, relying on principles of economic growth models, a model is estimated in the framework of a panel data model, considering the knowledge-based economy index of 139 selected countries during period 2010 to 2014. This research focuses not only on basic production inputs, i.e. capital and labor, but also on social capital and knowledge-based economy as two of the most important factors of production, and it show the role of social capital in economic growth. Our results show a positive and significant effect of the knowledge-based economy index on economic growth among the set of selected countries. |
first_indexed | 2024-03-08T19:28:00Z |
format | Article |
id | doaj.art-e4a1aade31f54e64b83581b7a8dd1611 |
institution | Directory Open Access Journal |
issn | 1735-210X 2476-6453 |
language | fas |
last_indexed | 2024-03-08T19:28:00Z |
publishDate | 2018-03-01 |
publisher | Allameh Tabataba'i University Press |
record_format | Article |
series | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
spelling | doaj.art-e4a1aade31f54e64b83581b7a8dd16112023-12-26T08:03:05ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532018-03-01186818721810.22054/joer.2018.86918691The Effects of Knowledge-Based Economy on Economic GrowthAli Asghar Salem0Assistant Professor, Faculty of Economics, Allameh Tabataba’i UniversityThe spread of information and communication technology and its effects on information and data transfer, in association with high quality education, a favorable economic regime, and innovation in economy, has played an indispensable role in sustainable growth and development. This study is conducted to identify the role and effect of knowledge-based economy on economic growth within the context of existing economic literature. In this line, relying on principles of economic growth models, a model is estimated in the framework of a panel data model, considering the knowledge-based economy index of 139 selected countries during period 2010 to 2014. This research focuses not only on basic production inputs, i.e. capital and labor, but also on social capital and knowledge-based economy as two of the most important factors of production, and it show the role of social capital in economic growth. Our results show a positive and significant effect of the knowledge-based economy index on economic growth among the set of selected countries.https://joer.atu.ac.ir/article_8691_62fb262cf9c49f0ac3b2591f55469ca6.pdfknowledge-based economyeconomic growthinformation and communication technologyeducationinnovationeconomic regime |
spellingShingle | Ali Asghar Salem The Effects of Knowledge-Based Economy on Economic Growth Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī knowledge-based economy economic growth information and communication technology education innovation economic regime |
title | The Effects of Knowledge-Based Economy on Economic Growth |
title_full | The Effects of Knowledge-Based Economy on Economic Growth |
title_fullStr | The Effects of Knowledge-Based Economy on Economic Growth |
title_full_unstemmed | The Effects of Knowledge-Based Economy on Economic Growth |
title_short | The Effects of Knowledge-Based Economy on Economic Growth |
title_sort | effects of knowledge based economy on economic growth |
topic | knowledge-based economy economic growth information and communication technology education innovation economic regime |
url | https://joer.atu.ac.ir/article_8691_62fb262cf9c49f0ac3b2591f55469ca6.pdf |
work_keys_str_mv | AT aliasgharsalem theeffectsofknowledgebasedeconomyoneconomicgrowth AT aliasgharsalem effectsofknowledgebasedeconomyoneconomicgrowth |