Direct And Indirect Effect Of Human Capital On Iranian Economic Growth

Subject Areas : Applied Economics

Esfandiar Jahangard ¹ ( ندارد )
Mehrnoosh Shishvani ² ( مسئول مکاتبات )

Received: 2015-07-31 Accepted : 2015-07-31 Published : 2014-07-23

Keywords: Human Capital, Economic growth, Endogenous Growth Model, Input-Output Model,

Abstract :

The purpose of this paper is to investigate the role of human capital on economic growth of Iran for the period of 1355 to 13385. To reach our goal we have adopted Lucas endogenous growth model and input-output model and panel data to measure direct and indirect effects of human capital on economic growth. Our results demonstrate that the direct and indirect effects of the human capital on economic growth are positive and meaningful, with utility and energy sectors being most affected. JELClassification :J24 ,O4,C67