mohammad ghaffary fard; mehdi shahdani; safi aalh hamidi
Volume 4, Issue 13 , November 2024, , Pages 1-17
Abstract
Internalization of economic units is one of the goals of sustainable development, which can keep the economy stable against external crises and impulses. Using the capacity of knowledge in the economy and creating a platform for the commercialization of knowledge-based products in a competitive and creative ...
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Internalization of economic units is one of the goals of sustainable development, which can keep the economy stable against external crises and impulses. Using the capacity of knowledge in the economy and creating a platform for the commercialization of knowledge-based products in a competitive and creative platform is known as an important factor affecting the strengthening of the economy and can bring the region's economy to a level where it can support its expenses by relying on internal resources. . In this research, the effects of knowledge-based economics on the endogeneity of the economy of Iran's provinces during the period of 1390-1398 have been analyzed using the modified panel least squares method through the Eviuse program. Using the Morris method and sub-indices of the knowledge-based economy, the combined index is calculated and based on the tax revenue power of the provinces, the economic endogeneity index has been calculated after carrying out Kayo, Limmer and Hausman tests to determine the long-term relationships, the panel model and the determination of fixed and random effects. The coefficients of the model have been estimated. The results of the research show that with a one percent increase in the combined index of the knowledge-based economy, the endogeneity of the economy of Iran's provinces increases by 0.44 percent. An increase in labor productivity and government spending increases the economic endogeneity of Iran's provinces, although an increase in the inflation rate reduces this trend. Also, the constituent components of the knowledge-based economy also show that with a one percent increase in the education index, the economic endogeneity increases by 0.2 percent. With a one percent increase in the information index, the economic endogeneity increases by 0.55 percent, and with a one percent increase in the innovation index, the economic endogeneity increases by 0.091 percent. Therefore, in order to improve the internal capacity of different provinces of the country, regional policy makers should pay more attention to the components of the knowledge-based economy, including the promotion of economic incentives, the development of educational skills in schools and the development of skill centers along with increasing the productivity of the labor force and financial decentralization in spending from the central government to the provinces. Set your agenda.
