Investigating the factors affecting human capital as an indicator of economic development

Mohammad Javad Razmi¹ Ahmed falih abd alhasan alsaedi² Mohammed Ali Salman Salman³

1) Associate Professor Ferdowsi University of Mashhad, Mashhad, Iran
2) Ph,D student, Economic sciences, Resources economics, Ferdowsi University of Mashhad, Mashhad, Iran
3) Graduate, Master of Energy Economics, Ferdowsi University of Mashhad, Mashhad, Iran

IOI Code : XDFG-FCDEH
Publication : 3 rd Conference on Industrial Engineering, Economics and Management (iemconf.com)
Abstract :
    In this research, an attempt has been made to examine the factors affecting Iraq s human capital as an indicator of economic development. The present study examines population growth, per capita GDP, and the rate of investment in Iraqi human capital over a period of time from 1990-2018 in Iraq. . The results show that the variables (population growth, GDP per capita and investment rate) in the short run on the human capital index are statistically significant and have a positive relationship with human capital. Also, the coefficients of variables were significant in the long run, except for the investment rate, which was not significant, and in the long run, population growth on human capital was negative, but the GDP per capita coefficient was positive with human capital.

Keywords : human capital iraq economic development index economic development factors