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Education and economic growth in Morocco: a causal analysis approach

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  • Hicham Goumrhar

Abstract

This work aims to establish the nature of the long and/or short term relationship as well as the causal inference between human capital and economic growth in Morocco. In this respect, we adopted an appropriate methodological approach, in particular the dynamic ARDL model, in multivariate analysis, the Cointegration test (Pesaran et al., 2001) as well as the Granger causality test according to the Toda-Yamamoto approach (1995). The results show that investment in human capital, through education, does not seem to have an immediate effect on economic growth in the case of Morocco, but rather is represented as a positive and significant factor for long-term economic growth. Moreover, the causal relationship for the case of Morocco is expressed from production (or growth) to education and that it is not simply a mutual causality relationship.

Suggested Citation

  • Hicham Goumrhar, 2024. "Education and economic growth in Morocco: a causal analysis approach," International Journal of Education Economics and Development, Inderscience Enterprises Ltd, vol. 15(3), pages 359-376.
    • Handle: RePEc:ids:ijeded:v:15:y:2024:i:3:p:359-376
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