INVESTIGATION OF EFFECT OF INVESTMENT ON HIGHER EDUCATION ON ECONOMIC GROWTH OF IRAN DURING 1971-2005

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

ALMASI MOJTABA; SOHAILI KIOMARCE; SEPAHBAN GHAREHBABA ASGHAR

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Macroeconomic Research Letter Year:2011 | Volume:6 | Issue:11 Page(s): 13-34

Download Full-Text

Persian Verion

View:

1,754

Download:

Cites:

Information Journal Paper

Title

INVESTIGATION OF EFFECT OF INVESTMENT ON HIGHER EDUCATION ON ECONOMIC GROWTH OF IRAN DURING 1971-2005

Author(s)

ALMASI MOJTABA | SOHAILI KIOMARCE | SEPAHBAN GHAREHBABA ASGHAR | Issue Writer Certificate

Keywords

HUMAN CAPITALQ2

ECONOMIC GROWTHQ2

HIGH EDUCATIONQ2

VECTOR ERROR CORRECTION MODELQ2

CO INTEGRATIONQ2

Abstract

In this paper endogenous models have been used to quantify the relation between the variables influencing on ECONOMIC GROWTH. The designed model is estimated by using Johansson five steps approach. On the base of endogenous model, Iran's economics growth has been introduced as an endogenous variable which is a function of investment in HUMAN CAPITAL, physical investment and foreign debt. Islamic revolution and imposed war on Iran have also been introduced as dummy variables.On the bases of this model one co integrated vector has been obtained which indicates that in the long run impact of increase in HUMAN CAPITAL accumulation and increase in physical capital accumulation on ECONOMIC GROWTH of Iran is positive and significant while the effect of increase in foreign debt is negative and significant. In addition this vector shows that in the long run HUMAN CAPITAL has had the most effect on the ECONOMIC GROWTH of the country.In order to attain a high rate of ECONOMIC GROWTH, expansion of investment in human and physical capital seems necessary. Moreover it is advised to rely on domestic saving instead of attraction of foreign capital and debt.

Cites

THE IMPACT OF EDUCATION EXPENDITURES ON HUMAN CAPITAL AND ECONOMIC GROWTH IN IRAN: A COMPUTABLE GENERAL EQUILIBRIUM APPROACH

References

Cite

APA: Copy

ALMASI, MOJTABA, SOHAILI, KIOMARCE, & SEPAHBAN GHAREHBABA, ASGHAR. (2011). INVESTIGATION OF EFFECT OF INVESTMENT ON HIGHER EDUCATION ON ECONOMIC GROWTH OF IRAN DURING 1971-2005. JOURNAL OF MACROECONOMICS (JOURNAL OF ECONOMICS SCIENCES), 6(11), 13-34. SID. https://sid.ir/paper/150925/en

Vancouver: Copy

ALMASI MOJTABA, SOHAILI KIOMARCE, SEPAHBAN GHAREHBABA ASGHAR. INVESTIGATION OF EFFECT OF INVESTMENT ON HIGHER EDUCATION ON ECONOMIC GROWTH OF IRAN DURING 1971-2005. JOURNAL OF MACROECONOMICS (JOURNAL OF ECONOMICS SCIENCES)[Internet]. 2011;6(11):13-34. Available from: https://sid.ir/paper/150925/en

IEEE: Copy

MOJTABA ALMASI, KIOMARCE SOHAILI, and ASGHAR SEPAHBAN GHAREHBABA, “INVESTIGATION OF EFFECT OF INVESTMENT ON HIGHER EDUCATION ON ECONOMIC GROWTH OF IRAN DURING 1971-2005,” JOURNAL OF MACROECONOMICS (JOURNAL OF ECONOMICS SCIENCES), vol. 6, no. 11, pp. 13–34, 2011, [Online]. Available: https://sid.ir/paper/150925/en

Related Journal Papers