International Journal of Management, Accounting and Economics
Volume:5 Issue: 10, Oct 2018

Proper and logical use of abilities and talents of human resources in any society is one of the main causes of economic development, and improves the living standards of a nation. Therefore, evaluating the role and impact of economic policies on labour productivity is of great importance. In this study, using vector autoregressive panel (Panel VAR) and in the form of econometric model, we have tried to test the impact of government economic policies on labour productivity in selected OECD countries over the period of 2000- 2014. The results show that, in the long term, government investments are indexes determining the quality of governance among countries and openness of economy is the most important variable affecting labour productivity, so that all except the quality variable of regulation have a positive impact on labour productivity. 

Entrepreneurship is the foundation of competition and innovation among firms, as well as on the national economy. In order to create a favorable environment for entrepreneurship strengthening, it must use symmetric and appropriate competitive conditions with entrepreneurship, to improve production and employment, and thereby increase economic growth. Therefore, the main objective of this study is to investigate the effects of competitiveness and entrepreneurship, which ultimately lead to economic growth. In this paper, through collecting library resources and with a descriptive approach, the interrelations between different components of competitiveness and entrepreneurship, as well as their effects on economic growth, are discussed.