Author/Authors :
Sameni Keivani، Farshad نويسنده Department of Accounting, Roudsar and Amlash Branch, Islamic Azad University, Roudsar, Iran , , Makouei، Sara نويسنده Department of Accounting, Zanjan Branch, Islamic Azad University, Zanjan, Iran , , Khalili Sourkouhi، Zeinab نويسنده Department of Accounting, Roudsar and Amlash Branch, Islamic Azad University, Roudsar, Iran ,
Abstract :
One of the most important mineral producers in the world is Iran. In order to do the research, first, the annual time
series data is collected from the website of Central Bank and Statistics Center of Iran. This paper determines the
elasticity of the production factors of labor and capital for mining sector in Iran covering data 1988 to 2010. The
Cobb-Douglas function is used to estimate mining sector production function which it involves OLS method using
EVIEWS8 and SPSS software. According to the results of this study during the years of the study the coefficients of
the natural logarithm of the real capital and the natural logarithm of the labor in Iran are 1.621488 and 2.962340,
respectively and these coefficients are statistically significant at the 5% confidence level. Indeed, these coefficients
show the amount of elasticity of production factors for the mining sector in Iran. Hence, if the capital in the mining
sector increases one percentage then the production in this sector increases 1.621488 and while the labor in this
sector increases one percentage, then the production in this sector increases 2.962340 percent.
