Paper Information

Title: 

HUMAN CAPITAL AND ECONOMIC GROWTH, WITH A COMBINATION APPROACH USING HUMAN CAPITAL INDEX AND PANEL DATA

Type: SPEECH
Author(s): FAGHIH NASIRI M.,REZAEI JAVAD
 
 
 
Name of Seminar: INTERNATIONAL CONFERENCE ON INTELLECTUAL
Type of Seminar:  CONFERENCE
Sponsor:  INSTITUTE FOR ADVANCED STUDIES IN BASIC SCIENCES (IASBS)
Date:  2009Volume 1
 
 
Abstract: 

The literature of economic growth shows that, in developed countries, human capital is a key factor, along with other factors such as labor and capital, in stimulating economic growth. Studies indicate that among explanatory variables of economic growth, either over time or among different countries, not only the accumulation of capital and labor force can affect economic growth, but also human capital is a fundamental and important variable of growth models. In this paper, we are calculated a combination index is for human capital and growth within a model of the effect of human capital in economic growth in different countries during 1995-2003. It is worth noting that based on panel data methods; combined index of human capital is affecting economic growth in the countries based on AIC criterion.

 
Keyword(s): ECONOMIC GROWTH, HUMAN CAPITAL, ENDOGENOUS GROWTH
 
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