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Dependence on Natural Resources and its Effects
on Health Indicator in Iran Economy
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Mohsen Khezri *   , Parisa Mohammadi |
| Bu-Ali Sina University , m.khezri@basu.ac.ir |
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Abstract: (1647 Views) |
| The abundance of natural resources influences economic growth from different channels, with human capital being one of the most influential channels of natural resource abundance on economic growth. In this research, using a model of vector auto-regression model with time-varying parameters (TVP-VAR) and data from years 1367 to 1395, oil rents, education, GDP per capita and life expectancy index, the effect of model variables On the health dimension of human capital in the Iranian economy has been studied. The results show the negative effects of oil rent on the health dimension of human capital in Iran's economy. In addition, the effect of GDP per capita on the life expectancy index is positive throughout the whole period of study, however, depending on the share of health expenditures on GDP, we have witnessed a small increase in the positive effects of this period. In addition, the results show the relatively symmetrical and positive effects of the life expectancy index on itself over the years. According to the results, the education has a negative effect on the life expectancy index, an issue that conflicts with theoretical expectations and shows structural weaknesses in the country's education system. |
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| Keywords: human capital, life expectancy index, oil rents, TVP-VAR model |
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Full-Text [PDF 851 kb]
(521 Downloads)
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Type of Study: Research |
Subject:
Special
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