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Paper Information

Journal:   JOURNAL OF SCIENCE AND TECHNOLOGY POLICY   SPRING-SUMMER 2010 , Volume 2 , Number 4; Page(s) 23 To 32.
 
Paper: 

THE LONG RUN RELATIONSHIP BETWEEN KNOWLEDGE - BASED ECONOMY AND ECONOMIC GROWTH IN IRAN

 
 
Author(s):  BEHBOUDI D.*, AMIRI B.
 
* UNIVERSITY OF TABRIZ
 
Abstract: 

Increasing total productivity of factors is an issue of upmost concern for economists in economic growth process. Recent developments in the theory of neoclassical economic growth identify knowledge as an important contributing factor to productivity growth. This paper examines the long-run relationship between variables contributing to knowledge and economic growth in Iran during 1968- 2007. We use the Johansen method of co-integration and the error correction (VEC) model. The results show the existence of a long-run equilibrium relationship between economic growth and variables representing knowledge in the Iranian economy and also the positive effect of all these variables on the economic growth. In addition, coefficient of ECM is negative and small, implying slow adjustment towards the long-run equilibrium level.

 
Keyword(s): KNOWLEDGE BASED ECONOMY, ECONOMIC GROWTH, CO, INTEGRATION
 
 
References: 
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Citations: 
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APA: Copy

BEHBOUDI, D., & AMIRI, B. (2010). THE LONG RUN RELATIONSHIP BETWEEN KNOWLEDGE - BASED ECONOMY AND ECONOMIC GROWTH IN IRAN. JOURNAL OF SCIENCE AND TECHNOLOGY POLICY, 2(4), 23-32. https://www.sid.ir/en/journal/ViewPaper.aspx?id=194374



Vancouver: Copy

BEHBOUDI D., AMIRI B.. THE LONG RUN RELATIONSHIP BETWEEN KNOWLEDGE - BASED ECONOMY AND ECONOMIC GROWTH IN IRAN. JOURNAL OF SCIENCE AND TECHNOLOGY POLICY. 2010 [cited 2021July27];2(4):23-32. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=194374



IEEE: Copy

BEHBOUDI, D., AMIRI, B., 2010. THE LONG RUN RELATIONSHIP BETWEEN KNOWLEDGE - BASED ECONOMY AND ECONOMIC GROWTH IN IRAN. JOURNAL OF SCIENCE AND TECHNOLOGY POLICY, [online] 2(4), pp.23-32. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=194374.



 
 
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