Human Capital
ali younessi
Abstract
In macroeconomic literature, the growth of human capital is so important that if economic growth occurs and this growth cannot improve the condition of human capital, it seems that the efforts have been fruitless. Human capital is measured through the HDI index, and due to the need to improve it, many ...
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In macroeconomic literature, the growth of human capital is so important that if economic growth occurs and this growth cannot improve the condition of human capital, it seems that the efforts have been fruitless. Human capital is measured through the HDI index, and due to the need to improve it, many studies have been conducted in this field.Human capital in any country is based on the state of human capital in the provinces of the country. Providing better services to human capital will improve this huge capital, and achieving it requires the existence of sufficient funds and powers in the provinces. The vastness of the country may not allow the government to optimally allocate resources, so usually local authorities try to have more authority for the growth of human capital through various pursuits and bargaining, which increases the authority of the governor, which is financial decentralization.Financial decentralization is a multi-dimensional process in which some powers are transferred from the central government to the governors, and the most important of which is the return of all revenues of each province to the same province and the sending of grants to the provinces through the central government.The results of the research show that the increase in financial decentralization and the return of revenues from each province to the same province and even grants from the central government have a significant positive effect on the amount of public spending, economic growth, reducing the population of low-income people.
shiva alizadeh; mohammad alizadeh; mahbubeh delfan; vahid shaghaghi shahri
Abstract
In recent years, many fluctuations in key macroeconomic variables such as growth and inflation, etc. have been observed in Iran.Since the mentioned economic variables have a significant role in the situation of economic stability, so the study of the economic stability of the country have become one ...
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In recent years, many fluctuations in key macroeconomic variables such as growth and inflation, etc. have been observed in Iran.Since the mentioned economic variables have a significant role in the situation of economic stability, so the study of the economic stability of the country have become one of the challenging issues. However, fiscal decentralization as a policy that may increase the country's economic stability has recently been considered by many countries. Therefore, The present study uses the space panel method to investigate the effects of fiscal decentralization on the economic stability of the country (a combined indicator of economic growth, inflation and budget deficit) during the years 2006-2016. The results of the study show a nonlinear relationship between fiscal decentralization and economic stability, they show that a 1% improvement in fiscal decentralization of income does reduce the Combined index of economic stability by 0.63%, however, with increasing fiscal decentralization of income, economic stability increases. The results also show that a 1% improvement in expenditure decentralization has led to a 1.4% increase in the economic stability index, while at high levels of fiscal decentralization of expenditure, the results indicate a decrease in economic stability.
