Education and Economic Growth in Iran: A Meta-Analysis

نویسندگان

1 Faculty of Psychology and Educational Sciences, University of Tehran, Tehran, Iran.

doi
10.22099/ijes.2024.46953.1899
چکیده

This is the first meta-analysis for the effect of education on economic growth in Iran and represents some evidence exclusively with regard to effect size. The purpose of this paper is to provide a clear and unified picture of the impact of education on Iran’s economic growth by combining different studies. This study undertakes a meta-analysis based on a sample of 57 studies with the period of coverage 2000-2021 and applies the Stouffer’s method to present p-values. After separating the patterns into two logarithmic and non-logarithmic formats, as well as classifying the variables of education and obtaining the least significant probabilities of their coefficients, the effect of education is investigated. The study indicates that the three indicators of education such as secondary enrollment rate, the share of trained employees in the total number of employees, and the ratio of students to the total population have a positive and significant effect on economic growth, so that their increase by one percent will cause economic growth by respectively 0.28, 0.19 and 0.84 percent. Therefore, the government should pay special attention to investing in secondary education and targeting employment for high school graduates in the labor market and avoid over-investing in higher education.

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