Ideas, increasing return to scale, and economic growth: an application for Iran

Farhidi, Faraz and Isfahani, Rahim and Emadzadeh, Mostafa (2015): Ideas, increasing return to scale, and economic growth: an application for Iran. Published in: Journal of Business and Economic Policy , Vol. 2, No. 1 (March 2015): pp. 88-97.

Abstract

Iran has experienced an increasing rate of economic growth during recent years. We need to explain the causes of this growth if we are to help maintain it. In this study, we try to calibrate and apply a model in the context of new growth models, based on Ideas derived from the Iranian economy. The results show that an increase in education levels and expansion in research activities are the main factors promoting economic growth in Iran during the studied period.

• Item Type: MPRA Paper
• Language: English
• Keywords: Economic growth, Ideas, Nonrivalry, Technological progress, Population growth
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O41 - One, Two, and Multisector Growth Models; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q55 - Technological Innovation; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q56 - Environment and Development ; Environment and Trade ; Sustainability ; Environmental Accounts and Accounting ; Environmental Equity ; Population Growth

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