The Impact of Human Capital on Manufacturing Industries' Export

اقتصاد پولی مالی

Article 9, Volume 19, Issue 3, January 2013   

Document Type: پژوهشی

DOI: 10.22067/pm.v19i3.28562

Authors

Pourebadollahan Covich Mohsen^* ; Hossein Asgharpur; Firouzi Fallah; Hassan Abdi

Abstract

Regarding the importance and high proportion of Iranian Manufacturing Industries'
export in nonoil export basket, and their impact on economic growth, it is essential
that effective factors on the Manufacturing Industries' export be investigated. This
paper investigates the impact of human capital on the export of Iranian industries,
using a panel data set of 2-digit ISIC manufacturing industries, over the period 2000-
2007.
Using the number of workers with higher education degree (as a proxy for human
capital), the results show that human capital, manufacturing value added and
nominal exchange rate have positive and significant effects on the export of the
manufacturing industries. In addition, the domestic demand of manufacturing goods
and terms of trade have significant negative effects on these industries export.
Therefore, any effort to expand the higher education is highly recommended.

Keywords

Human Capital; Manufacturing Industries' Export; Panel Data; Iran