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A Review of the Effect of Social Capital on Human Development in Iran


  • Mohammad Javad Razmi

    (Department of Economics, Ferdowsi University of Mashhad (FUM), Iran.)

  • Adegbemi Sahar Sherkat Bazzazan

    (Ferdowsi University of Mashhad (FUM), Iran.)


The present study aims to investigate the effect of social capital on human development in Iran. For this purpose, Iran society in the period 1984 to 2009 by using time series data and Autoregressive Distributed Lags (ARDL) technique has been studied. Due to the quality of social capital variable two variables i.e. the number of judicial cases related to nonsufficient fund checks and embezzlement, bribery and forgery, and elections' participation rate have been used to measure the effect of social capital. The results suggest that there is a negative and significant effect of judicial cases on human development index (HDI) level and elections' participation index statistically has not significant effect on Iran's human development index

Suggested Citation

  • Mohammad Javad Razmi & Adegbemi Sahar Sherkat Bazzazan, 2012. "A Review of the Effect of Social Capital on Human Development in Iran," International Journal of Economics and Financial Issues, Econjournals, vol. 2(4), pages 448-459.
  • Handle: RePEc:eco:journ1:2012-04-7

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    References listed on IDEAS

    1. Sjoerd Beugelsdijk & Ton Van Schaik, 2005. "Differences in social capital between 54 Western European regions," Regional Studies, Taylor & Francis Journals, vol. 39(8), pages 1053-1064.
    2. Antoci, Angelo & Sabatini, Fabio & Sodini, Mauro, 2009. "The fragility of social capital," AICCON Working Papers 59-2009, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    3. Dearmon, Jacob & Grier, Kevin, 2009. "Trust and development," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 210-220, August.
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    More about this item


    Social Capital; Human Development; ARDL Technique; Iran; Embezzlement; Forgery; Financial crimes;

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration


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