A critique of the article on the relationship between human capital and economic growth, emphasizing the role of labor force education distribution in Iran during the years 1966-2000 معرفی و نقد

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Iranian Economic Research Quarterly/Issue /17 Winter /2003 Pages 33-44 A Critique of the Article: The Relationship between Human Capital and Economic Growth with Emphasis on the Role of Labor Force Education Distribution in Iran during the years 1966-2000 Dr. Behrouz Hadi Zanooz* Introduction In recent decades, a significant tendency toward using quantitative methods has been observed among the country's economists. In the article under evaluation, labor force per capita productivity is considered a function of the variables of per capita human capital of the employed workforce, their average years of schooling, and the distribution of education among the employed. Given this point, the main problem of the research should be finding the causes of the rapid increase in productivity in the pre-revolution period and its sharp decline in the post-revolution period; in fact, this statistical investigation will be valid only when the independent variables of the model show a movement towards productivity growth in the first period and a movement in the opposite direction in the second period. Since in the article in question, years of schooling were used as an indicator for measuring human capital, it was expected that the honorable researchers would present the relationship between education and production capabilities more openly. To address the negative results of some empirical studies regarding the effect of human capital on economic growth, they have added the distribution of labor education alongside the variable of average years of schooling to their model.