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Human capital and labor productivity in food industries of Iran


Citation

Afrooz, Ahmad and Abdul Rahim, Khalid and Mohd Noor, Zaleha and Lee, Chin (2010) Human capital and labor productivity in food industries of Iran. International Journal of Economics and Finance, 2 (4). pp. 47-51. ISSN 1916-971X; ESSN: 1916-9728

Abstract

One of the most important factors that affect labour productivity is human capital. Due to the importance of Food Industries of Iran this paper examines the role of human capital on labour productivity in food industries of Iran over the 1995-2006 period. The study used the ratio of educated workers to total workers and the ratio of skilled workers to total workers as a proxy for human capital and applied the Cobb–Douglas production function of industry. The results showed that educated workers and skilled workers have a significant effect on labour productivity. The measurements of these effects were 0.14 and 0.42 for educated and skilled workers respectively. It can be concluded that education, skills and capital per worker (k=K/L) have a positive and significant effect on labour productivity in food industries of Iran.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.5539/ijef.v2n4p47
Publisher: Canadian Center of Science and Education
Keywords: Labor productivity; Human capital; Educated worker; Skilled worker; Food industry
Depositing User: Nabilah Mustapa
Date Deposited: 09 May 2019 01:06
Last Modified: 09 May 2019 01:06
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.5539/ijef.v2n4p47
URI: http://psasir.upm.edu.my/id/eprint/15046
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