Human Capital and the Economic Growth in Iran s' Provinces

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GHIASI MOJTABA; SARLAK AHMAD; GHAFARI HADI

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Journal: Payavard Salamat Year:2018 | Volume:12 | Issue:4 Page(s): 296-308

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Information Journal Paper

Title

Human Capital and the Economic Growth in Iran s' Provinces

Author(s)

GHIASI MOJTABA | SARLAK AHMAD | GHAFARI HADI | Issue Writer Certificate

Keywords

Health Human CapitalQ1

Educational ExpendituresQ1

Economic GrowthQ2

Fertility RatesQ1

Life ExpectancyQ1

Abstract

Background and Aim: In the past studies, few researchers have addressed the simultaneous effects of human capital in health and education indicators on the Economic Growth of the country, and especially, provinces of the country. Therefore, the current study examined the simultaneous effects of human capital in health and education indicators on the Economic Growth in Iran s' Provinces Materials and Methods: This was an applied, analytical, descriptive study, and the research community consisted of the country's provinces. The data were collected through documentary-library research and from the databases of Iran Office for National Statistics, and Central Bank; afterwards, they were analyzed via unit-root and chow tests, using Generalized Method of Moments (GMM) and Eviews 9. Results: The results showed that each percent of rise in family health expenditure, fertility rate, and Life Expectancy increased the provincial Economic Growth by 0. 033%, 0. 71%, and 1. 83% respectively. In addition, 1% rise in mortality rate decreased the provincial Economic Growth by 0. 43%. Educational expenditure influenced the provincial Economic Growth by a coefficient of 0. 08, and credit capital asset acquisition, by a coefficient of 0. 048. Conclusion: Human capital is considered a long-term investment in health and education sectors which should be an important priority on the agenda of provincial policymakers.

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APA: Copy

GHIASI, MOJTABA, SARLAK, AHMAD, & GHAFARI, HADI. (2018). Human Capital and the Economic Growth in Iran s' Provinces. PAYAVARD-SALAMAT, 12(4 ), 296-308. SID. https://sid.ir/paper/385315/en

Vancouver: Copy

GHIASI MOJTABA, SARLAK AHMAD, GHAFARI HADI. Human Capital and the Economic Growth in Iran s' Provinces. PAYAVARD-SALAMAT[Internet]. 2018;12(4 ):296-308. Available from: https://sid.ir/paper/385315/en

IEEE: Copy

MOJTABA GHIASI, AHMAD SARLAK, and HADI GHAFARI, “Human Capital and the Economic Growth in Iran s' Provinces,” PAYAVARD-SALAMAT, vol. 12, no. 4 , pp. 296–308, 2018, [Online]. Available: https://sid.ir/paper/385315/en

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