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The effect of religious capital on economic growth in different provinces of Iran
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Mohammad Ghaffary fard1   , Jan mohammad Falah2 , Mohammad yusoaf Khashee3 |
1- Assistant Professor of Ahl al-Bayt International University, Tehran (Corresponding Author) , ghaffary2@yahoo.com
2- M.Sc. in Economic Sciences, Islamic Economics, Ahl al-Bayt International University
3- Ph.D. Student in Economic Sciences, Yazd University |
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Abstract: (3036 Views) |
| Today, societies need a direct focus on religious capital for their economic growth and development, because religious capital has better capabilities than any other capital. Religious beliefs can directly or indirectly influence production and economic growth because individuals' religious attitudes are one of the most important variables that will shape their future ethics and behavior. Therefore, the purpose of this study was to investigate the effect of composite indices of religious capital on the economy with emphasis on economic growth over time period of 0-1 in provinces of Iran using panel data method. The results show that the combined indexes of religious capital have had a positive and significant effect on the economic growth (GDP) in the provinces studied, with a one percent increase in the growth of religious capital indices, with economic growth increasing by 4.1 and 2.3 percent, respectively. Labor productivity, government spending and export value also have a positive and significant effect on GDP in Iran's provinces. For economic growth and development, it is suggested that economic policymakers use media, educational and cultural tools to increase the cost of religious spending on Iranian households. |
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| Keywords: Religious Capital, Economic Growth, Panel Data, provinces |
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Full-Text [PDF 941 kb]
(622 Downloads)
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Article type: Promotional |
Subject:
Special
Received: 2020/03/8 | Accepted: 2021/05/3 | Published: 2021/05/26
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