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Investigating the Effects of Different Levels of Formal Education on Iran’s Economic Growth

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  • Abdollah Ansari

Abstract

Human capital accumulation affects economic growth and education is one of the main elements of human capital. Different levels of formal education can leave different effects on economic growth. I used data from the time period of 1981-2013 and vector auto regression method to study the effects of different levels of formal education on Iran’s economic growth. The results showed that increasing schooling at elementary, secondary and higher education levels have a significant effect on growth and in the long run, employees with university degrees, those with secondary and primary school qualifications had the greatest impact on GDP growth, respectively.

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  • Abdollah Ansari, 2016. "Investigating the Effects of Different Levels of Formal Education on Iran’s Economic Growth," Modern Applied Science, Canadian Center of Science and Education, vol. 10(9), pages 205-205, September.
    • Handle: RePEc:ibn:masjnl:v:10:y:2016:i:9:p:205
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    References listed on IDEAS

    as
    1. Md. Rabiul Islam, 2010. "Human Capital Composition, Proximity to Technology Frontier and Productivity Growth," Monash Economics Working Papers 23-10, Monash University, Department of Economics.
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    4. Pereira, João & St. Aubyn, Miguel, 2009. "What level of education matters most for growth?: Evidence from Portugal," Economics of Education Review, Elsevier, vol. 28(1), pages 67-73, February.
    5. Self, Sharmistha & Grabowski, Richard, 2004. "Does education at all levels cause growth? India, a case study," Economics of Education Review, Elsevier, vol. 23(1), pages 47-55, February.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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