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- W3183294003 abstract "Today, a large part of the studies on economic growth are related to Human capital, information and communication technology, research and development, innovation, design, brand rights, special training of the company and efficiency organization in the form of new literature in economics called intangible investment. Intangible investment, as an important and growing component of total investment, is increasingly available to analyze the trend of current economic variables and predict future growth. One of the important issues in any economy is the impact of intangible investment on the real variables of the economy. However, in order to study this issue, it is necessary to estimate the intangible investment in economic activities and identify how it works, considering the international definitions and valid international studies and statistical sources of Iran. After measuring intangible investment, we can test the hypotheses and measure how it affects the real variables of the economy, including productivity. In this study, the CHS approach (a comprehensive and accepted approach that has been used in most important studies) has been used to measure intangible investment (Corrado, Hulten, and Sichel, 2005). One of the important activities in the functions of Iran's economy is the factory industries approved by the Statistics Center of Iran. This article was initially used to estimate the share and trend of intangible capital in these activities with the CHS approach. The context is very important for the Iranian economy. Also, how it affects on TFP is one of the next topics of this study that can pave the way for economic approaches and important decisions in this field. In order to find the answers to the research questions and to approach its hypotheses, the study period of 1996-2018 for industrial workshops of ten employees and above, using the four-digit ISIC code (ISIC) has been used. The model used is panel data with GMM method. The results indicate that intangible investment has a positive and significant effect on TFP. In the continuation of the research, the labor force is divided into professional and non-professional labor force. The estimation of the economic model of this study shows that the effect of skilled labor on TFP in Iranian industries is about 6 times compared to unskilled labor." @default.
- W3183294003 created "2021-08-02" @default.
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- W3183294003 date "2021-07-25" @default.
- W3183294003 modified "2023-09-23" @default.
- W3183294003 title "The effect of intangible investment on the total factor productivity of production in Iran's manufacturing industries" @default.
- W3183294003 doi "https://doi.org/10.22055/jqe.2021.37224.2363" @default.
- W3183294003 hasPublicationYear "2021" @default.
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