Study of education link with other economic sectors of Iran in comparison with Singapore with special vector approach

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

the development of education in Iran has not led to the development and increase of economic growth. In contrast, Singapore has been able to achieve high economic growth and development based on the development of education. The purpose of this study is to compare Iran and Singapore in the links between education and the whole economy and economic sectors. To examine the links between education and economic sectors and to determine its position among other sectors, the backward, forward and the total linkage are used and is examined in the framework of the Special Vector Approach. For this purpose, the Input-Output of 1390 Iran and 2011 Singapore, which have 31 sectors, has been used.The results show that the education backward linkage in Singapore is 45% higher than in Iran. On the other hand, the education forward linkage for Singapore is 135% higher than Iran, and educational services in Singapore are more supply-oriented than demand-oriented. Also, the total education linkage for Singapore is 86% higher than Iran and it shows the high impact of the education sector in Singapore compared to Iran. In terms of ranking linkages, the education sector has a relatively low ranking among the economic sectors in Iran. Thus, among 31 economic activities, this sector is ranked 28th in the backward linkage, 30th in the forward linkage and 31st in the total linkage. For Singapore, on the other hand, it ranks 30th in the backward linkage, 3th in the forward linkage and 18th in the total linkage.

Language:
Persian
Published:
Journal of Economic Growth and Development Research, Volume:12 Issue: 47, 2022
Pages:
113 to 132
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