Bayesian Modeling of Innovation Effect on the Human Development Index in Developing 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.

Riazinia Somayeh; DIZAJI MONIREH

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

Journal Paper

Paper Information

Journal: JOURNAL OF ECONOMIC MODELING Year:2019 | Volume:4 | Issue:2 (13) Page(s): 53-75

Download Full-Text

Persian Verion

View:

254

Download:

Cites:

Information Journal Paper

Title

Bayesian Modeling of Innovation Effect on the Human Development Index in Developing Countries

Author(s)

Riazinia Somayeh | DIZAJI MONIREH | Issue Writer Certificate

Keywords

Human development indexQ2

InnovationQ2

Bayesian ApproachQ1

Prior distributionQ1

Posterior distributionQ1

Abstract

There are 2 general approaches in statistics science to estimation: classical and Bayesian Approaches. In addition to using the random sample information in Bayesian Approach, the prior information of parameters is also used for estimation. In other words, in Bayesian Approach, a combination of random sample information and prior information is used for deduction. Therefore, the aim of this study is to investigate the relationship between the Human development index and Innovation in the elected developed countries based on Bayesian Approach. In order to measure the Innovation index in this study, the number of inventions and the number of inventors were used. In addition to Innovation factor, the inflation rate and the health and education costs of the government were also considered as control variables. The statistical sample consisted of 22 elected developed countries in the time period 1996-2015. The analysis results showed that Innovation and its indicators, as well as inflation and the health and education costs of the government play a significant role in explaining the Human development index in Bayesian Approach, which was based on theoretical foundations. According to the obtained results, it is suggested that in the future studies and different research areas, Bayesian Approach is used and the results are compared with those of the classical approach.

Cites

No record.

References

No record.

Cite

APA: Copy

Riazinia, Somayeh, & DIZAJI, MONIREH. (2019). Bayesian Modeling of Innovation Effect on the Human Development Index in Developing Countries. JOURNAL OF ECONOMIC MODELING, 4(2 (13) ), 53-75. SID. https://sid.ir/paper/384390/en

Vancouver: Copy

Riazinia Somayeh, DIZAJI MONIREH. Bayesian Modeling of Innovation Effect on the Human Development Index in Developing Countries. JOURNAL OF ECONOMIC MODELING[Internet]. 2019;4(2 (13) ):53-75. Available from: https://sid.ir/paper/384390/en

IEEE: Copy

Somayeh Riazinia, and MONIREH DIZAJI, “Bayesian Modeling of Innovation Effect on the Human Development Index in Developing Countries,” JOURNAL OF ECONOMIC MODELING, vol. 4, no. 2 (13) , pp. 53–75, 2019, [Online]. Available: https://sid.ir/paper/384390/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops