The Effects of Human Development on Labor Productivity in Selected OECD Countries
Subject Areas : Business Management
Monere Dezaji
1
(
Faculty Member, Economics Department, Tabriz Branch, Islamic Azad University, Tabriz, Iran
)
Arash Ketabforosh Badri
2
(
MSc, Economics Department, Tabriz Branch, Islamic Azad University, Tabriz, Iran
)
Keywords: J24, O15, Labor Productivity, Human Development, Panel Data JEL Classification: C23,
Abstract :
One of the basic issues in the field of development is rational utilization of the abilities and talents of the manpower in the community. Increasing productivity is the only way that will promote the economic development and welfare of a nation. The miraculous changes in short-term economic growth and development in many countries are the result of increased productivity and the optimum, efficient and effective use of human and physical resources they have. In this regard, this study tries to investigate the effects of the Human Development Index on labor productivity in 32 selected OECD countries by using panel data model in the period 2002-2009. The results show that Human Development Index had a significant and positive effect on labor productivity in the countries studied. Also, openness, value added production, health expenditures and physical capital have positive and significant effects on labor productivity.
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Aggrey, Niringiye, LuvandaEliab and ShitunduJoseph (2010), Human Capital and Labor Productivity in East African Manufacturing Firms, Current Research Journal of Economic Theory 2(2), 48-54.
Ashrafzadeh, S. H., & Mehregan, N. (2010). Panel Data Econometrics. Tehran: Tehran University of Technology Researches, (In Persian).
Amini, A., & Hejazi Azad, Z. (2008). Analysis of the Role of Human Capital and R & D in Promoting Total Productivity of Production Factors in Iranian Economy. Quarterly Journal of Economic Research, 35, (In Persian).
Asna Ashari, H., Karbasi, A., & Mosnan Mozaffari, M. (2010). Investigating the Relationship between Foreign Trade and Productivity of Production Factors in the Agricultural Sector of Iran. Journal of Agricultural Economics, 2(1), 105-113, (In Persian).
Farajadi, Gh. (2007). An Analysis of the Human Development Index in Iran and Other Countries. Karafarin Monthly, 54, (In Persian).
Chaharlouy, F., & Tahahni, V. (2011). Identifying and Prioritizing Effective Factors on Human Resource Efficiency Using TOPSIS. Forough Tadbir Quarterly, 18, 18-24, (In Persian).
Dadgar, Y. (2005). General Taxation and State Administration. Tehran: Research Institute of Economics, Tarbiat Modarres University, (In Persian).
Dadgar, Y. (2007). General Economics, Ghom: Mofid University, (In Persian).
Dizaji, M., & ketabforush Badri, A. (2012). The Effect of ICT on the Human Development Index in Iran and Selected Countries. Proceedings of the 2nd National Congress on Human Capital Management, (In Persian).
Fischer, Manfred M, Monika Bartkowska, Aleksandra Riedl, SaschaSardadvar and Andrea Kunnert(2009), The Impact of Human Capital on Regional Labor Productivity in EuropeLett Spat ResourSci, 2, 97-108.
IrfanChani, Muhammad, MahboobUl Hassan and Muhammad Shahid(2012), Human Capital Formation and Economic Development in Pakistan: An Empirical Analysis, Munich Personal RePEc Archive, Paper No. 38925, May, 1-16.
Komeyjani, A., & Nazari, R. A. (2009). Comparative Evaluation of the Human Development Index in Iran and the Countries of the Region within the Framework of Iran's Perspective Document 1404. 8th Regional Seminar on the Islamic Republic Perspective in the 1404 Horizon, (In Persian).
Olayemi, Simon-Oke (2012), Human Capital Investment and Industrial Productivity in Nigeria, International Journal of Humanities and Social Science Vol. 2 No. 16, August, 298-307.
Ozuji, A., & Amini, A. (2008). Analysis and Analysis of the Relationship between Wages and Labor Productivity in Iran's Industries. Quarterly Journal of Economic Research, 12, 81-105, (In Persian).
Shahabadi, A. (2003). The Study of the Factors Determining the Total Economic Factors Productivity in Iran. Journal of the Mentally, 38, 27-58, (In Persian).
Sharif Khatibi, L. (2008). Human Development Index, Rahyaft Journal. 42, 46-53, (In Persian).
Su, Biwei and Almas Heshmati (2011), Development and Sources of Labor Productivityin Chinese Provinces, IZA Discussion Paper No. 6263, December, 1-28.
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Afrooz, Ahmad, Khalid B Abdul Rahim, ZalehaBtMohd Noor and Lee Chin(2010), Human Capital and Labor Productivity in Food Industries of Iran, International Journal of Economics and Finance Vol. 2, No. 4, November, 47-51.
Aggrey, Niringiye, LuvandaEliab and ShitunduJoseph (2010), Human Capital and Labor Productivity in East African Manufacturing Firms, Current Research Journal of Economic Theory 2(2), 48-54.
Ashrafzadeh, S. H., & Mehregan, N. (2010). Panel Data Econometrics. Tehran: Tehran University of Technology Researches, (In Persian).
Amini, A., & Hejazi Azad, Z. (2008). Analysis of the Role of Human Capital and R & D in Promoting Total Productivity of Production Factors in Iranian Economy. Quarterly Journal of Economic Research, 35, (In Persian).
Asna Ashari, H., Karbasi, A., & Mosnan Mozaffari, M. (2010). Investigating the Relationship between Foreign Trade and Productivity of Production Factors in the Agricultural Sector of Iran. Journal of Agricultural Economics, 2(1), 105-113, (In Persian).
Farajadi, Gh. (2007). An Analysis of the Human Development Index in Iran and Other Countries. Karafarin Monthly, 54, (In Persian).
Chaharlouy, F., & Tahahni, V. (2011). Identifying and Prioritizing Effective Factors on Human Resource Efficiency Using TOPSIS. Forough Tadbir Quarterly, 18, 18-24, (In Persian).
Dadgar, Y. (2005). General Taxation and State Administration. Tehran: Research Institute of Economics, Tarbiat Modarres University, (In Persian).
Dadgar, Y. (2007). General Economics, Ghom: Mofid University, (In Persian).
Dizaji, M., & ketabforush Badri, A. (2012). The Effect of ICT on the Human Development Index in Iran and Selected Countries. Proceedings of the 2nd National Congress on Human Capital Management, (In Persian).
Fischer, Manfred M, Monika Bartkowska, Aleksandra Riedl, SaschaSardadvar and Andrea Kunnert(2009), The Impact of Human Capital on Regional Labor Productivity in EuropeLett Spat ResourSci, 2, 97-108.
IrfanChani, Muhammad, MahboobUl Hassan and Muhammad Shahid(2012), Human Capital Formation and Economic Development in Pakistan: An Empirical Analysis, Munich Personal RePEc Archive, Paper No. 38925, May, 1-16.
Komeyjani, A., & Nazari, R. A. (2009). Comparative Evaluation of the Human Development Index in Iran and the Countries of the Region within the Framework of Iran's Perspective Document 1404. 8th Regional Seminar on the Islamic Republic Perspective in the 1404 Horizon, (In Persian).
Olayemi, Simon-Oke (2012), Human Capital Investment and Industrial Productivity in Nigeria, International Journal of Humanities and Social Science Vol. 2 No. 16, August, 298-307.
Ozuji, A., & Amini, A. (2008). Analysis and Analysis of the Relationship between Wages and Labor Productivity in Iran's Industries. Quarterly Journal of Economic Research, 12, 81-105, (In Persian).
Shahabadi, A. (2003). The Study of the Factors Determining the Total Economic Factors Productivity in Iran. Journal of the Mentally, 38, 27-58, (In Persian).
Sharif Khatibi, L. (2008). Human Development Index, Rahyaft Journal. 42, 46-53, (In Persian).
Su, Biwei and Almas Heshmati (2011), Development and Sources of Labor Productivityin Chinese Provinces, IZA Discussion Paper No. 6263, December, 1-28.
