Document Type : Research Paper

Authors

1 Associate Professor, Economic, Allameh Tabataba’i University, Tehran, Iran

2 Assistant Professor, Allameh Tabataba’i University, Tehran, Iran

3 Professor,Economic, Allameh Tabataba’i University, Tehran, Iran

4 Ph.D Student, Economic, Allameh Tabataba’i University, Tehran, Iran

Abstract

In this article, data related to different generations was analyzed by using the overlapping generations model of three periods, And by modeling the productivity of manpower, its effect on Iran's economic growth has been analyzed by different generations. The method of conducting this research is analytical-quantitative. The time period of the research is seasonal data from 1370 to 1400. To estimate the model, the stochastic dynamic general equilibrium method has been used. In order to design the research model and parameters, by using the data of national accounts and household budgets and creating a connection between these accounts, the productivity of human resources in different generations was extracted. The findings of the article indicate the fact that transfers related to the household in the consumption, education and health sectors have been more efficient in creating the productivity of human resources in different generations and has provided the reasons for the growth of productivity and economic growth. Based on the results, the age range of 25–64 years has the highest productivity on economic growth, which is consistent with the approach of the life cycle theory based on Ando and Modigliani's perspective and the life cycle theory based on intergenerational transfer accounts.

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