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:: Volume 30, Issue 2 (9-2014) ::
QJOE 2014, 30(2): 141-162 Back to browse issues page
The Effect of Educational Expenditures on Added Value in Industrial Sector
K. Shahbaazi, Ph.D. , M. Hassani, Ph.D. , N. Shahbaazi
Abstract:   (4312 Views)

Since 78% of the work force in Iranian industries consists of those holding a high school diploma or less, any investment in increasing this level of education could lead to an increase in the added value in the industrial sector. Analyses of the available annual data covering the period of 1979-2009, show that any increase in educational expenditures, both short and long term, has led to a significant increase in industrial added value. In the long run, educational expenditures have the third highest effect, following industrial investment and higher education expenditures, on added value. For every 1% increase in educational expenditure, 0.17% increase in industrial added value was observed.

Keywords: education, added value, industrial sector, expenditures, human capital
Full-Text [PDF 1518 kb]   (2001 Downloads)    
Type of Study: Research | Subject: Special
Received: 2012/12/26 | Accepted: 2013/08/3 | Published: 2014/08/28
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Shahbaazi, Ph.D. K, Hassani, Ph.D. M, Shahbaazi N. The Effect of Educational Expenditures on Added Value in Industrial Sector. QJOE 2014; 30 (2) :141-162
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Volume 30, Issue 2 (9-2014) Back to browse issues page
فصلنامه تعلیم و تربیت Quarterly Journal of Education
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