TITLE:
Educational Levels and Export Performance of Iranian Industries
AUTHORS:
Vahid Mehrbani
KEYWORDS:
Human Capital, Education, Export, Industry
JOURNAL NAME:
Theoretical Economics Letters,
Vol.8 No.8,
June
7,
2018
ABSTRACT: This paper examines a composite implication of human
capital theory and knowledge-based economy literature with regard to export
performance of Iranian industries. It is expected that education particularly
in higher levels contributes to the expansion of export. This is the hypothesis
that is tested by underlying the Branson’s export function and using a panel
data of industries with two-digit codes in 2003-2013. Results show that
education only in MA (MS) and PhD levels has positive and significant effect on
export but lower levels of education have no effect. The coefficients indicate
that a 1 percent increase in completion of MA (MS) and PhD degrees will
increase the export of industry by 0.18 (0.15) percent respectively. It seems
that education contributes to export in higher levels but has no important role
in lower levels. It is indicated that the results are somewhat in contrast to
filter theory proposed by Arrow (1973).