Entrepreneurship Capital, Output and Growth in Iran's Manufacturing Industries

Mohammad Ali Moradi and Mohammad Ali Moradi(Ph. D.)

No 3118, EcoMod2011 from EcoMod

Abstract: The objective of this article is to examine the impacts of entrepreneurship on the performance of Iran's manufacturing industries using time series data over the period 1974-2006. More specifically, entrepreneurship capital measures are included in the production function of manufacturing industries using a specification of the Cobb-Douglas functional form as a basis for analyzing growth. To evaluate this, two alternative measures of entrepreneurship are considered. Cointegration analysis of time series approach is carried out to examine the factors affecting output and growth in manufacturing industries with an emphasis on entrepreneurship indicators. To understand the current state of entrepreneurship and economic situation of the country, a comprehensive review of pertinent statistics related to entrepreneurship, output and growth is examined to find major stylized facts in the economy. The findings of this paper indicate that entrepreneurship capital is a significant and important factor shaping output and growth. The results confirm that both measures of entrepreneurship have positive and significant impacts on output in the long run.

Keywords: Iran; Growth; Sectoral issues (search for similar items in EconPapers)
Date: 2011-07-06
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ekd:002625:3118

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