Studies effect of unemployment and oil rents on human development

Mohammad Javad Nemati Hag Ligvan¹

1) Islamic Azad University of Tabriz Branch Email:

IOI Code : XYCK-AEFEZ
Publication : International Conference on Management and Humanities(icmhconf.com)
Abstract :
    In this study, the effect of unemployment, oil rents and population variables growth on human development index growth was analyzed and a panel model with 26 countries in the annual period 2000-2013 (Gregorian) was estimated using generalized least squares method. To the entity clarify of analytical model used, of the theoretical basics and econometrics tests ring was used. Before the estimation of panel model, its conditions was examined and on the basis them the estimate with the heteroscedasticity and lack of autocorrelation was applied. Wald test confirmed the significance of the estimated model. The results indicate that the unemployment growth has a significant negetive effect on the human development index and the oil rents growth and population growth have significant positive effects on human development index. Analysis suggest that the theoretical relationships between the explanatory variables and the dependent variable in the sample and the study period are confirmed.

Keywords : unemployment oil rents human development panel model generalized least squares gls