A Faculty Member from the College of Administration and Economics at the University of Karbala Publishes a Research Paper at an International Scientific Conference in the Russian Federation

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A Faculty Member from the College of Administration and Economics at the University of Karbala Publishes a Research Paper at an International Scientific Conference in the Russian Federation

Assistant Professor Dr. Mahdi Mohammed Tali, a faculty member at the College of Administration and Economics – University of Karbala, has published a research paper at the Institute of Banking Risks for Mathematics, Economics, and Risks Conference, held at Saratov State National Research University in the Russian Federation, in collaboration with the Russian Bank and the Higher School of Economics.

Analysis of the factors affecting economic growth and production in the services sector of the Iraqi economy


Abstract:
The study analysed economic growth in Iraq from 2003-2014 using mathematical model and (ARDL) Model methodology. It found that the lack of modern technology utilization in the Iraqi economy led to an inverse relationship between human capital and physical capital and Total Factor Productivity (TFP) in the services sector. The study’s key recommendations emphasize the importance of investing in human capital, such as education, healthcare, and research and development, to enhance economic growth. The study highlights the need for knowledge and technological advancements to improve total factor productivity and achieve long-term economic growth.