MEASURING THE EFFECT OF NEOCLASSICAL AND INSTITUTIONAL VARIABLES ON EMPLOYMENT RATE IN THE OECD DEVELOPED COUNTRIES

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.

SHARIF AZADEH MOHAMMADREZA; KOMIJANI AKBAR; MOHAMMADI TEIMOUR; BAGHERI AKBAR

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

Journal Paper

Paper Information

Journal: IRANIAN JOURNAL OF APPLIED ECONOMICS Year:2014 | Volume:4 | Issue:14 Page(s): 1-15

Download Full-Text

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

Persian Verion

View:

1,778

Download:

Cites:

Information Journal Paper

Title

MEASURING THE EFFECT OF NEOCLASSICAL AND INSTITUTIONAL VARIABLES ON EMPLOYMENT RATE IN THE OECD DEVELOPED COUNTRIES

Author(s)

SHARIF AZADEH MOHAMMADREZA | KOMIJANI AKBAR | MOHAMMADI TEIMOUR | BAGHERI AKBAR | Issue Writer Certificate

Keywords

EMPLOYMENT RATEQ1

NEOCLASSICAL VIEWQ2

INSTITUTIONAL VIEWQ2

GOOD GOVERNANCEQ2

PANEL DATA APPROACHQ2

OECD COUNTRIESQ2

Abstract

The purpose of this paper is to compare the effect of neoclassical and institutional variables (good governance indices) on the EMPLOYMENT RATE in the developed countries in the Economic Co-operation and Development (OECD) selected countries. The neoclassical and institutional variables are considered based on panel data econometric models for 24 of the OECD COUNTRIES in the period of 1996 - 2011. The research model estimation includes seven equations (the first equation with neoclassical variables and the other equations with neoclassical variables and GOOD GOVERNANCE indices separately) for developed countries of the OECD COUNTRIES. The research model shows that neoclassical variables such as; the share of Gross Fixed Capital (GFC), the share of per capita real Final Consumption Expenditure (FCE) and the share of Foreign Direct Investment (FDI) flow as a percentage of real GDP are positive and significant in all seven estimated equations except in some sections for FCE and FDI. Also the effect severity of GFC is higher than FDI and FCE on EMPLOYMENT RATE. However, all six indicators of GOOD GOVERNANCE (institutional variables) had a significant positive effect on the EMPLOYMENT RATE so that control of corruption index, voice of people and government accountability, government effectiveness, rule of law, regulatory quality and political stability, have had the first rank to sixth in terms of the impact severity on EMPLOYMENT RATE in these countries. Finally, practical suggestions are presented for improving the EMPLOYMENT RATE of the relevant countries according to the institutional approach (with an emphasis on GOOD GOVERNANCE).

Cites

DOES IT MAKES GOOD GOVERNANCE OR GOOD GOVERNANCE IMPROVE IT USAGE? CURRENT TREND AND PREDICTION OF FUTURE

References

Cite

APA: Copy

SHARIF AZADEH, MOHAMMADREZA, KOMIJANI, AKBAR, MOHAMMADI, TEIMOUR, & BAGHERI, AKBAR. (2014). MEASURING THE EFFECT OF NEOCLASSICAL AND INSTITUTIONAL VARIABLES ON EMPLOYMENT RATE IN THE OECD DEVELOPED COUNTRIES. IRANIAN JOURNAL OF APPLIED ECONOMICS, 4(14), 1-15. SID. https://sid.ir/paper/202021/en

Vancouver: Copy

SHARIF AZADEH MOHAMMADREZA, KOMIJANI AKBAR, MOHAMMADI TEIMOUR, BAGHERI AKBAR. MEASURING THE EFFECT OF NEOCLASSICAL AND INSTITUTIONAL VARIABLES ON EMPLOYMENT RATE IN THE OECD DEVELOPED COUNTRIES. IRANIAN JOURNAL OF APPLIED ECONOMICS[Internet]. 2014;4(14):1-15. Available from: https://sid.ir/paper/202021/en

IEEE: Copy

MOHAMMADREZA SHARIF AZADEH, AKBAR KOMIJANI, TEIMOUR MOHAMMADI, and AKBAR BAGHERI, “MEASURING THE EFFECT OF NEOCLASSICAL AND INSTITUTIONAL VARIABLES ON EMPLOYMENT RATE IN THE OECD DEVELOPED COUNTRIES,” IRANIAN JOURNAL OF APPLIED ECONOMICS, vol. 4, no. 14, pp. 1–15, 2014, [Online]. Available: https://sid.ir/paper/202021/en

Related Journal Papers