Extracting The Workforce Learning Curve For Selected Iranian Manufacturing IndustriesExtracting The Workforce Learning Curve For Selected Iranian Manufacturing Industries

Abstract

key words: Learning Curve, Workforce Learning, Manufacturing Industries, Panel Data

In industrial economics, the learning curve illustrates that production costs decrease continuously as the number of production units increases. This is due to an improvement in the learning rate as production increases. The objective of this research is to explore the concept of the workforce learning curve in the Iranian manufacturing industry from 1996 to 2015. To achieve this, the study uses panel data econometric methods, specifically the Fixed Effects method, to extract the learning curve model for six industrial activities within Iran's economy. According to the results of the econometric model, it has been confirmed that the learning curve for the selected industries follows a quadratic model that is inverted U-shaped. Therefore, it is advisable to focus on increasing the level of production and utilizing economies of scale in these sub-sectors.