Investigating the Effect of Dynamics Employment and Institutional Factors with a Focus on Economic Freedom and Ease Doing of Business on GDP per Capita in Iran
DOI:
https://doi.org/10.52547/ijimes.1.4.73DOR:
https://dorl.net/dor/20.1001.1.27832678.2021.1.4.7.3Keywords:
Institutional Factors, GDP, Economic Freedom, Age Structure, Dynamics Employment, Ease Doing of BusinessAbstract
Purpose: Since employment and growth is an important and key issue in the economy, having an efficient environment is very important for proper growth. Therefore, in order to improve the current situation and achieve proper development, it is necessary to study the effect of Dynamics Employment and institutional factors in order to identify the effective channels to improve the current situation, effective factors and appropriate growth.
Methodology: Therefore, the main purpose of this study is to investigate the effect of Dynamics Employment on GDP per capita in Iran during the period 2004-2021 using the generalized time series torque method.
Findings: The results show that Dynamics Employment have a significant effect on Iran's per capita GDP; Thus, the dependency rate of the elderly, the dependency rate of children and the negative impact and the participation rate, labor productivity rate, employment rate have a positive impact on GDP per capita. The results also show that institutional factors have a significant impact on GDP per capita growth and improving the indicators of economic freedom and ease of doing business, which are the most important institutional factors, accelerate growth and development.
Originality/Value: This paper investigated the effect of Dynamics Employment and institutional factors with a focus on economic freedom and Ease Doing of Business on GDP per capita in Iran.
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