There are different viewpoints about the direction and types of Religious effects on economic growth and development. This study has examined the effects of Islamic religious capital on economic growth in Iran in the period of 1365-1390. Therefore, after explanation of religious capital concept and collection of standard and efficient indexes achieved from Islamic doctrines, in order to evaluate this type of capital, the effect of religious capital on Iran economic growth is estimated by using the OLS method and doing regression on the selected growth model. The results show that there is no reason to reject having significant positive or negative effect of religious capital on economic growth in Iran. Another result of this study is to confirm that human force capital has positive effect on economic growth, it is not proved that physical investment positively affect the economic growth in the mentioned period. The reasons which do not confirm the positive effect of physical investment on economic growth are inefficient allocation of resources in the projects and plans, prolongation of projects implementation and instability of economic sphere in Iran. One of the policy recommendation of this study is to extend economic studies in recognition major aspects of Islamic religious capitals and their effects on economic growth in order to increase the utilization capacity from different religious capitals for achieving the goals of Iran economic system. Key Words: Economic Growth, Religious Capital, Islamic Economy.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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