International Business Management
ISSN: OnlineISSN: Print 1993-5250
Abstract
Currently, there is a large gap among economic growth rate of Iran’s provinces. The various policies have been made to decrease this gap in development plans in the country. However, this problem has been intensified through using financial instruments such as special fiscal facilities. In this study, it is tried to identify the existing economic growth gap among Iran’s provinces using Endogenous Growth Models. To do this, an Economic Growth Model for Iran’s provinces has been estimated by Ordinary Least Squares (OLS) in a sample of pooled data. The estimation results show that human capital has the highest effect on economic growth among provinces. Also, the impact of human capital on economic growth among provinces having per capita income higher than average per capita income in the country has been greater than provinces having per capita income less than average per capita income in the country.
How to cite this article:
Mehdi Sabeti and Nader Mehregan. Estimation of an Endogenous Economic Growth Model for Iran’s Provinces.
DOI: https://doi.org/10.36478/ibm.2012.90.94
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2012.90.94