aPh.D. of Economics, University of Tehrnan, Iran
bMaster Student of Economics, University of Tehrnan, Iran
Online published on 4 June, 2015.
Our main purpose in this paper is, regard to the planned horizon for Iran's economy productivity according to Vision Document, the Fourth Development plan, and performance of the country in the Third Development plan, to show in the examined years, what factors could explain changes in Total Factor Productivity (TFP). Using ARDL technic, estimation of determinants of TFP shows institutional quality, accumulation of domestic and foreign R&D, human capital, economic openness, physical capital accumulation, investment in ICT, exchange rate, and inflation are factors that explain productivity growth trend in study period.
Total Factor Productivity (TFP), determinants of productivity, ARDL method