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...

Full description

Bibliographic Details
Main Author: Ali Asghar Salem
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2018-03-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
Online Access:https://joer.atu.ac.ir/article_8691_62fb262cf9c49f0ac3b2591f55469ca6.pdf
_version_ 1797375685004623872
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