AN ASSESSMENT OF THE ELASTICITY OF HUMAN CAPITAL IN UZAWA-LUCAS’S GROWTH MODEL FOR THE ECONOMY OF IRAN

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.

HAJI KHODAZADEH HOSSEIN; BAKHSHI DASTJERDI RASUL; NASIRIZADEH HAMID REZA

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

Journal Paper

Paper Information

Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2013 | Volume:3 | Issue:11 Page(s): 85-96

Download Full-Text

Persian Verion

View:

1,268

Download:

Cites:

Information Journal Paper

Title

AN ASSESSMENT OF THE ELASTICITY OF HUMAN CAPITAL IN UZAWA-LUCAS’S GROWTH MODEL FOR THE ECONOMY OF IRAN

Author(s)

HAJI KHODAZADEH HOSSEIN | BAKHSHI DASTJERDI RASUL | NASIRIZADEH HAMID REZA | Issue Writer Certificate

Keywords

HUMAN CAPITALQ2

ECONOMIC GROWTHQ2

UZAWA-LUCAS ENDOGENOUS GROWTH MODELQ2

Abstract

HUMAN CAPITAL has always been of high importance in ECONOMIC GROWTH literature. In this regard, several studies have tried to explain the role of this variable via the use of different models. The present study, in line with the previous ones, going to estimate the share of HUMAN CAPITAL in Iranian economy production from 1974 to 2011 within the framework of Ozawa (1965) and Lucas’s (1988) endogenous growth model. In this study, the Autoregressive Distributed Lag Modelling Approach (ARDL) is employed to estimate the role of HUMAN CAPITAL in production. Moreover, the average of schooling years is used as an index of HUMAN CAPITAL. The results indicated that in spite of a positive and significant relationship between HUMAN CAPITAL and GDP, physical capital plays a more important role. While the share of HUMAN CAPITAL is 0.59, physical capital has a share of 0.75. based upon literature review, share of HUMAN CAPITAL must be more important and influential, so regarding distraction of main reasons of this phenomena the study recommends that we need to make university fields more productive-based.

Cites

INVESTIGATING THE EFFECT OF MIGRATION ON HUMAN CAPITAL ACCUMULATION AND ECONOMIC GROWTH IN DEVELOPING COUNTRIES (1975-2000)

References

No record.

Cite

APA: Copy

HAJI KHODAZADEH, HOSSEIN, BAKHSHI DASTJERDI, RASUL, & NASIRIZADEH, HAMID REZA. (2013). AN ASSESSMENT OF THE ELASTICITY OF HUMAN CAPITAL IN UZAWA-LUCAS’S GROWTH MODEL FOR THE ECONOMY OF IRAN. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 3(11), 85-96. SID. https://sid.ir/paper/192159/en

Vancouver: Copy

HAJI KHODAZADEH HOSSEIN, BAKHSHI DASTJERDI RASUL, NASIRIZADEH HAMID REZA. AN ASSESSMENT OF THE ELASTICITY OF HUMAN CAPITAL IN UZAWA-LUCAS’S GROWTH MODEL FOR THE ECONOMY OF IRAN. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2013;3(11):85-96. Available from: https://sid.ir/paper/192159/en

IEEE: Copy

HOSSEIN HAJI KHODAZADEH, RASUL BAKHSHI DASTJERDI, and HAMID REZA NASIRIZADEH, “AN ASSESSMENT OF THE ELASTICITY OF HUMAN CAPITAL IN UZAWA-LUCAS’S GROWTH MODEL FOR THE ECONOMY OF IRAN,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 3, no. 11, pp. 85–96, 2013, [Online]. Available: https://sid.ir/paper/192159/en

Related Journal Papers