abasali lotfi; shiva jalayer lain
Abstract
In this study with pay attention study of effect of investing own education and training in economic growth of selected development countries like ( Iran, Bulgaria, Peru, Romania, Thailand, Turkey, Melissa, Argentina, Brasilia, chili and Mexico) with the use of panel data of 2015 to 2005
The result ...
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In this study with pay attention study of effect of investing own education and training in economic growth of selected development countries like ( Iran, Bulgaria, Peru, Romania, Thailand, Turkey, Melissa, Argentina, Brasilia, chili and Mexico) with the use of panel data of 2015 to 2005
The result said studying discusses the positive effect of investment in education and training on economic growth of selected development countries. Also low education expenditure and as a result of this regarding the effect of education and training on skilled labor force is the most important factor of levering economic growth in developing countries. Their for it is better with paying attention to increasing young population in developing countries and the needs of these countries to growth and increasing of production and from other side they should pay attention to the increasing of quality of education and training with increasing the expenditures of education training.
Extended Abstract
Introduction
This study investigates the impact of investment in education on economic growth of selected developing countries in the period (1999-2015) using the panel data approach and using education al expenditures data in both primary and secondary levels. Today countries are seeking to improve the quality of their labor force because they believe that more producing is dependent to qualified labor force in this respect, the education represents the most important kind of human investing that predisposing deeper view to production improvement. The most economics believe that the lack of investment in human capital is main cause of low economic growth in developing countries and until the education of these countries does not improve the use of knowledge and the professional skills . the efficiency of labor force and capital remains at a low level and economic growth will be slow and more costly in fact we can say that the physical capital will be more productive only if the country has enough amount of human capital.so to explain the impact of growth on poverty and analyses usefulness of growth, it is necessary to incorporate all the possibilities that enhance well- being of the poor. However, it is really hard to do .so the major capacities, which lead to improve the quality of life, should be giving education. Without any doubt we can say one of the main access growth and economic development is training and education. Even some people believe that the completion of this sectors can complete other sectors. Economic growth in addition to production factors (labor, capital .land) depends on bitterness on quality of workforce’s technical growth better resource allocation and in the last education and training.
Theoretical Framework.
This study investigates the impact of investment in education on economic growth of selected developing countries in the period 1999-2015 using the panel data approach and using education expenditures data in both primary and secondary levels the most important problem in the human capital –economic growth nexus is that why human capital can’t play its role in increasing economic growth in natural resource abundance countries . There are tests for chaos in time series such as correlation dimension .BDS. Methodology. - For the purpose of this study the following question was posed. Whether how the countries are seeking to improve the quality of their labor force because they believe that more producing is dependent to qualified labor force today, countries are seeking to improve the quality of their force because they believe that more producing is dependent to .qualified labor force . In this respect, the education represents the most important kind of human investing that predisposing a deeper view to production improvement. . one approach to look at the impact of growth on education is to compare called pen’s parade to see whether it is pro poor it needs to calculate the growth rate in the mean of the poorest quintile.
Results and Discussion.
The results show that the coefficients of the model variables are significant at the 99percent confidence level. In addition the – statistic indicate significant at of regression. The value of R2 statistic indicates that the model fitting insinuates factory condition. The coefficient of education al expenditures in primary and secondary is positive and is 17 and 21 percent. Respectively. Also the coefficient of capital stock and labor force is positive and significant and is equal to 42 and 27 percent respectively. So we can say that the impact of economic reform policies imitated by the government during that period improved the poverty situation in Iran, this must be by education. We can say that the impact of economic reform policies initiated by the government during that period improved the education situation in Iran and according to the finding s of this paper economic growth is good for poor people.
abasali lotfi
Abstract
The purpose of this study is to examine the impact of macroeconomic variables on individual’s request of insurance in Iran. In this research the overall performance of Iran’s insurance industry has been investigated in 1360.—1390 therefore the sampling technique has not been used. This research ...
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The purpose of this study is to examine the impact of macroeconomic variables on individual’s request of insurance in Iran. In this research the overall performance of Iran’s insurance industry has been investigated in 1360.—1390 therefore the sampling technique has not been used. This research has been done using EVIEWS and applying econometric techniques. In this study the effect of macroeconomic variables on individuals, request of insurance based on definitions have been investigated. The structure of this insurance policy study records and the important role of individuals insurance especially life insurance like other insurance s tends to money in peoples hand and their talk in productive investment which in this way causes improving of economic indexes as gross domestic production (GDP) national income (GNI) and finally community economic development, and its role is also more effective compared to other fields of insurance. Findings of this study suggest that request of individuals, insurance is directly related to per capital income, unemployment rate and insurers compensation paid per capital and inversely related to consumer price.
Methodology
This study is estimated the impact of macroeconomic variables on individuals request of insurance in Iran and in this research the overall performance of Iran’s insurance industry has been investigated in 1360-1390 and this research has been done using EVIEWS and Appling econometric techniques.
Results and Discussion
Based on results It is difficult to generation on how life insurance products and widen in scopes a life insurance market matures there are an interplay of economic political and cultural and commercial factors at work which vary from country to country . There are two aspects of product development that has been evident in many countries. First one is that life insurance products tend to move from having a primary emphasis on insurance protection towards a greater saving role. Especially saving for retirement purposes second. There a move away from simple products sold .either on an individual and group basis to more compels products sold mainly on an individual basis.
Conclusion and Suggestions
Life insurance has historically been an important method through which individuals with relatively low incomes have been able to save tis and invest effectively for the longer term .this contractual nature of the premium payment system in life insurance has been reinforced by insurance companies developing good marketing strategies in order to encourage individuals to save. Life insurance has historically been an important method which individuals with relatively low incomes have been able to save and invest effectively for the longer term .By designing relatively simple life insurance and savings contracts. Which can be purchased in small amounts on a regular basis. However the relationship between the level of saving generated through life insurance and private pension contracts and the development of a domestic capital market is a two way process .
