TY - JOUR ID - 56076 TI - Impact of Knowledge-based Components on Total Factor Productivity of MENA Countries JO - Iranian Economic Review JA - IER LA - en SN - 1026-6542 AU - Sepehrdoust, Hamid AU - Zamani Shabkhaneh, Saber AD - Associate Professor, Department of Economics, Bu-Ali-Sina University, Iran AD - MSc. in Economics, Department of Economics, Bu-Ali-Sina University, Iran Y1 - 2015 PY - 2015 VL - 19 IS - 2 SP - 149 EP - 163 KW - total factor productivity KW - Knowledge-based Economy KW - MENA Region KW - panel data DO - 10.22059/ier.2015.56076 N2 - F rom the viewpoint of economic theories, total factor productivity (TFP) is the most important component that leads to economic growth and development. The main purpose of this study was to evaluate the impact of knowledge-based economy on total factor productivity in the member countries of the Middle East and North Africa (MENA) region. For this purpose, the panel data regression analysis has been designed to analyze the effect of knowledge-based economy components on total factor productivity in 14 member countries of MENA region for the period of 1995-2012. the results show that the growth of knowledge-based economy index such as education (coefficient= 0.51), information and communication technology ICT (coefficient= 0.31), innovation (coefficient= 0.62), and economic incentive and institutional regime (coefficient= 1.05) have positive and significant effects on total factor productivity of middle east and north africa (MENA) member countries for the time period of the study.  UR - https://ier.ut.ac.ir/article_56076.html L1 - https://ier.ut.ac.ir/article_56076_be854e32daa4ac67ab1ac631afc9c56f.pdf ER -