Volume 24, Issue 3 (10-2021)
jha 2021, 24(3): 92-101 |
Back to browse issues page
Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
moeini M, Daei-Karimzadeh S. The Effect of Labor Force Education in Health Sector on Economic Growth of Iran. jha 2021; 24 (3) :92-101
URL: http://jha.iums.ac.ir/article-1-3778-en.html
URL: http://jha.iums.ac.ir/article-1-3778-en.html
1- M.Sc, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran.
2- Associate Professor, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran. ,saeedkarimzade@yahoo.com
2- Associate Professor, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran. ,
Abstract: (1784 Views)
Introduction: Achieving sustainable economic growth requires investment in infrastructure to increase production capacity. Such investments include not only physical investments, but also human investments, education, and health. In this study, we aim to analyze the effect of labor force education in the health sector on Iran's economic growth.
Methods: This is an experimentally analytical-descriptive study conducted using the Autoregressive Distributed Lag Model (ARDL) and annual data for Iran from 1991to 2019. In addition to analyzing the effect of labor force education in the health sector on economic growth, the effect of public education, higher education in the Ministry of Science, physical investment, openness, and export were also examined. Data were extracted by documentary method from the database of the Statistics Center of Iran, and estimates were made using Eviews 10 software.
Results: Findings of this study indicated the positive effect of independent variables on Iran's economic growth, in which the coefficients of public education, labor force education in the health sector, labor force education in the Ministry of Science, physical investment, openness, and exports were equal to 0.0125, 0.621, 0.8752, 0.449, 0.218, and 0.2429, respectively.
Conclusion: Results of the model estimation indicated the positive impact of public education, labor force education in the health sector, and labor force education in the Ministry of Science. Based on the results of the present study, the adoption of appropriate policies by policymakers in the field of educational investment at the public and higher levels, especially in the health sector, has an effective role in increasing Iran's economic growth.
Type of Study: Research |
Subject:
Health Economics
Received: 2021/06/19 | Accepted: 2021/09/21 | Published: 2021/12/20
Received: 2021/06/19 | Accepted: 2021/09/21 | Published: 2021/12/20
References
1. Taghavi M, Mohammadi H. The effect of human capital on economic growth: Case of IRAN. Economic Research. 2006;6(22):15-43. [In Persian]
2. Agasisti T, Bertoletti A. Higher education and economic growth: A longitudinal study of European regions 2000-2017. Soc Econ Plann Sci. Forthcoming 2020. [DOI:10.1016/j.seps.2020.100940]
3. Collin M, Weil DN. The effect of increasing human capital investment on economic growth and poverty: A simulation exercise. J Hum Cap. 2020;14(1):43-83. [DOI:10.1086/708195]
4. Entezari Y. Optimal investment in human capital under conditions of uncertainty (optimal length of study in Iranian higher education). Quarterly Journal of Research and Planning in Higher Education, 1995;3 (1):111-43. [In Persian]
5. Becker GS. Human capital: A theoretical and empirical analysis, with special reference to education. 3rd ed. United States: University of Chicago press; 2009.
6. Barro RJ, Lee JW. A new data set of educational attainment in the world, 1950-2010. J Dev Econ. 2013;104:184-98. [DOI:10.1016/j.jdeveco.2012.10.001]
7. Entezari Y, Mohammadnezhad Alizamini Y. Human capital content analysis: General pattern and application for graduates of persian literature. Quarterly Journal of Research and Planning in Higher Education. 2020;26(3):47-75. [In Persian]
8. Dowrick S. Ideas and education: Level or growth effects? [Internet]. Australia: National Bureau of Economic Research; 2003 [cited 2021 Sep 6]. Available from: https://www.nber.org/papers/w9709 [DOI:10.3386/w9709]
9. Wilson RA, Briscoe G. The impact of human capital on economic growth: A review. Descy P, Tessaring M, editors. Luxembourg: Office for Official Publications of the European Communities; 2005.
10. Papageorgiou C. Distinguishing between the effects of primary and post‐primary education on economic growth. Rev Dev Econ. 2003;7(4):622-35. [DOI:10.1111/1467-9361.00213]
11. Batabyal AA, Nijkamp P. Human capital use, innovation, patent protection, and economic growth in multiple regions. Econ Innovat New Tech.2013;22(2):113-26. [DOI:10.1080/10438599.2012.715823]
12. Brenner T, Schlump C. University education, public research and employment growth in regions-an empirical study of Germany. Working Papers on Innovation and Space. 2010;02.10:1-20.
13. Schubert T, Kroll H. Universities' effects on regional GDP and unemployment: The case of Germany. Paper Reg Sci. 2016;95(3):467-89. [DOI:10.1111/pirs.12150]
14. Pegkas P, Tsamadias C. Does higher education affect economic growth? The case of Greece. Int Econ J. 2014;28(3):425-44. [DOI:10.1080/10168737.2014.894551]
15. Ogundari K, Awokuse T. Human capital contribution to economic growth in Sub-Saharan Africa: Does health status matter more than education? Econ Anal Policy. 2018;58:131-40. [DOI:10.1016/j.eap.2018.02.001]
16. Umar DI. Education outcomes, health outcomes and economic growth in Nigeria (1980-2013). J Soc Econ Dev. 2017;19:227-44. [DOI:10.1007/s40847-017-0039-x]
17. Bloom DE, Canning D, Sevilla J. The effect of health on economic growth: A production function approach. World Dev. 2004;32(1):1-13. [DOI:10.1016/j.worlddev.2003.07.002]
18. Pesaran MH, Shin Y, Smith RJ. Bounds testing approaches to the analysis of level relationships. J Appl Econometrics. 2001;16(3):289-326. [DOI:10.1002/jae.616]
19. Pesaran MH, Shin Y. An autoregressive distributed lag modelling approach to cointegration analysis. Cambridge: Cambridge Univ. Press; 1998.
20. Tehranchian AM, Nouroozi Beyrami M. Money substitution test in iran: An application of the self-return model with distributed intervals (ARDL). Iranian Journal of Economic Research. 2012;16(49):99-115. [In Persian]
21. Naderi A. Evaluating the effects of general and higher education on economic growth in Iran. Journal of Education. 2016;31(4):69-103. [In Persian]
22. Sabetghadam R, Zarei R. Investigating the effect of manpower training on Iran's economic growth. 10th International Conference on Economics and Management; 2017 May 10; Rasht. Iran: Islamic Azad University;2017. [In Persian]
23. Dezhpasand F. Factors affecting the growth of Iran's economy. Journal of Economic Research. 2005;5(18):13-47. [In Persian]
24. Lacheheb M, Med Nor N, Baloch I. Health expenditure, education and economic growth in MENA countries [Internet]. Malaysia: Universiti Putra Malaysia website; 2014 [cited 2021 Sep 12]. Available from: https://mpra.ub.uni-muenchen.de/60388/
Send email to the article author
| Rights and permissions | |
 |
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. |
Site Keywords
Health, Administration, Scientific Article, Iran University of Medical Sciences,
