In this paper, a version of the Vector Auto Regression (VAR) model has been used to investigate the interacted and dynamic effects between social capital and economic development in Iran during the period 1987-2006. To this purpose, variables of human capital, health and income distribution have been considered as the proxies of economic development. In addition, the volume of risky bank cheques has been indicated for the lack of social capital in the country. The empirical results have shown that the higher levels of social capital the more improved development indicators, while the more improved economic development the more enhanced social relationships based on trust, that is, the higher social capital. JEL Classification: O11, Z13
Moayedfar, R., Akbari, N. A., & Daliri, H. (2023). Interacted and Dynamic Effects between Social Capital and Economic Development: the Case of Iran (1989-2006). International Economics Studies, 35(2), 21-38. doi: 10.22108/ies.2023.15515
MLA
Rozita Moayedfar; Nemat Allah Akbari; Hassan Daliri. "Interacted and Dynamic Effects between Social Capital and Economic Development: the Case of Iran (1989-2006)". International Economics Studies, 35, 2, 2023, 21-38. doi: 10.22108/ies.2023.15515
HARVARD
Moayedfar, R., Akbari, N. A., Daliri, H. (2023). 'Interacted and Dynamic Effects between Social Capital and Economic Development: the Case of Iran (1989-2006)', International Economics Studies, 35(2), pp. 21-38. doi: 10.22108/ies.2023.15515
VANCOUVER
Moayedfar, R., Akbari, N. A., Daliri, H. Interacted and Dynamic Effects between Social Capital and Economic Development: the Case of Iran (1989-2006). International Economics Studies, 2023; 35(2): 21-38. doi: 10.22108/ies.2023.15515
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