The Effect of the Components of Knowledge and Globalization on the Economic Resiliency in Selected Oil Producing Developing Countries*

Shahabadi, Abolfazl; Raghfar, Hosseein; Gahraze, Sanaz

doi:10.22054/ijer.2019.11116

Authors

¹ Professor of Economics, Alzahra University, Tehran, Iran

² Professor of Economics, Alzahra University, Tehran, Iran.

³ M. A. Student in Economic Development & Planning, Alzahra University, Tehran, Iran.

https://doi.org/10.22054/ijer.2019.11116

Abstract

Today, the role of economic resiliency in reaction to the shocks to the economy of countries has been one of the most important topics and has attracted the attention of researchers and experts of the world to itself. Given the importance of the subject, the persent study has examined, the effect of the triple dimensions of globalization (economic, social and political) and knowledge development and its components (the human skills and sources, the information and communication technology and finally, the innovation system), on the economic resiliency of oil producing developing countries during the period 2007 to 2015 using FMOLS method. The results of this study emphasize the positive effects of developing the knowledge, its components, and the triple dimensions of globalization on the resiliency of the economy. The numerical coefficients, 0.21, 0.11 and 0.04 respectively, of human skills and sources, the information and communication technology, the innovation system, indicate that the human skills and sources have the most effect on the resiliency.

Keywords

References

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Iranian Journal of Economic Research

The Effect of the Components of Knowledge and Globalization on the Economic Resiliency in Selected Oil Producing Developing Countries*

References

References

Volume 24, Issue 80 - Serial Number 80
October 2019
Pages 203-231

The Effect of the Components of Knowledge and Globalization on the Economic Resiliency in Selected Oil Producing Developing Countries*

References

References

Volume 24, Issue 80 - Serial Number 80October 2019Pages 203-231

Volume 24, Issue 80 - Serial Number 80
October 2019
Pages 203-231