Somayeh Heydari - MA of Economic, Islamic Azad University South Tehran Branch, Faculty of Law- Political science- Economic, Tehran, Iran
Mahnaz Rabiei - Assistant Professor of Economics Department, Islamic Azad University South Tehran Branch Faculty of Law- Political science- Economic, Tehran, Iran
Mina Shariat Bahadori - MA of economic, Islamic Azad University South Tehran Branch, Faculty of Law- Political science- Economic, Tehran, Iran

In this paper we test the effects of indicators of health, such as Fertility rate, total (birth per woman), Life expectancy at birth, total (years) and Mortality rate, under-5(per 1000 live birth), as well as capital stock on the economic growth of 14 developing countries using Panel Unit Root and Panel Data Model. Regression analysis reveals that there is a positive relation between variables of capital stock and Life expectancy on The First International Conference on Political Epic (with an Approach to Middle East Developments) & Economic Epic (with an Approach to Management and Accounting) economic growth of these countries while the variables of Mortality rate and fertility rate have a negative effect on economic growth of developing countries.

Economic growth؛ Capital Stock؛ Fertility rate؛ Life expectancy at birth؛ Mortality rate