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

Faraz Farhidi (), Rahim Isfahani and Mostafa Emadzadeh

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Economic growth; Ideas; Nonrivalry; Technological progress; Population growth (search for similar items in EconPapers)
JEL-codes: O41 Q55 Q56 (search for similar items in EconPapers)
Date: 2015-03
New Economics Papers: this item is included in nep-ara, nep-cwa, nep-fdg and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Journal of Business and Economic Policy 1.2(2015): pp. 88-97

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:64158

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