Paper Information

Journal:   JOURNAL OF THE MARCO AND STRATEGIC POLICIES   WINTER 2018 , Volume 5 , Number 20 #A0039; Page(s) 135 To 152.
 
Paper: 

INVESTIGATING THE IMPACT OF COST CREDITS AND GOVERNMENT CAPITAL ASSET ACQUISITION CREDITS IN HIGHER EDUCATION ON GDP

 
 
Author(s):  VARAHRAMI VIDA, ABDOLLAHI MORTEZA
 
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Abstract: 

One of the most important objectives of all countries is economic development and social welfare; to achieve this aim; it is necessary to have high GDP and it requires human capital and training of experts. To train specialized manpower, higher education plays an important role and it requires investment in higher education. The aim of this paper is to study the government spending (as an important element of investment and expenditure on education) in higher education along faculty members of higher education institutions on higher education along faculty members of higher education institutions in Iran's GDP during 1994-2014. For this purpose, we used Vector Autoregressive Models (VAR), impulse response functions and variance decomposition. Results reveal that government spending on higher education in cost credits and Capital Asset Acquisition credits has a significant positive effect on GDP. Further number of full-time faculty members increases the Gross Domestic Product (GDP).

 
Keyword(s): GOVERNMENT EXPENDITURES ON HIGHER EDUCATION, CREDIT COSTS, CREDIT CAPITAL ASSET ACQUISITION, GROSS DOMESTIC PRODUCT (GDP), VECTOR AUTOREGRESSIVE MODELS (VAR)
 
References: 
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