The Effect of Corruption on Allocation of Talent in Iran's Economy: Structural Time Series Approach

Abstract

This paper has examined the effect of corruption on the allocation of talent in Iran's economy during the period of 1984-2014 and for discovering the effect of unobservable factors as well as political, social and economic structural changes, the structural time series model approach has been used. The results of the research indicate that increasing in corruption, financial development, growth of consumption government size and the share of value added of services sector in the GDP have distorted the allocation of talent in Iran during the period of 1984-2014.

Keywords

• corruption
• allocation of talent
• structural time series
• financial development
• wage inde