Document Type : Research Paper
Authors
1 Faculty member of Khatam University Department of Economics
2 Master of Economics, Khatam University
Abstract
The basic questions of economic growth models, including the relationship between types of capital and the rate of real growth, have always been a concern of scientific and political circles. In many empirical studies, it has been shown that physical capital and social capital each affect the amount and quality of economic growth, but less has been discussed about the interactive effects of investment types on economic growth. In this study, the effect of social capital on the interaction between physical capital and Iran's economic growth has been investigated using the mild regression model (STR). The studied period for Iran is 1346 to 1400. Four indicators corresponding to Fukuyama's indicators have been used to measure social capital. The results of the study of the variables and the model used showed that, at different levels of social capital, physical capital has a different effect on Iran's gross domestic product, and the fluctuations of social capital during these years have had an effect on the effect of physical capital on Iran's gross domestic product. The way that in the period when the fluctuation of social capital is more, the fluctuation of the effect coefficient of physical capital on production increases.
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