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Capital humain et croissance économique au Maroc
[Human Capital and Economic Growth in Morocco]

Author

Listed:
  • bouoiyour, jamal
  • bennaghmouch, Saloua

Abstract

We estimate a Cobb-Douglas function using Moroccan data, over the period 1976-1995 and considering two inputs, capital (GFCF) and labor (educational attainment of the workforce). The results show that physical capital and human capital have mostly a positive impact on economic growth. Moreover, the effect of human capital is even lower than the level of education increases. Vocational training appears to be an engine of growth.

Suggested Citation

  • bouoiyour, jamal & bennaghmouch, Saloua, 2002. "Capital humain et croissance économique au Maroc [Human Capital and Economic Growth in Morocco]," MPRA Paper 29163, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:29163
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    File URL: https://mpra.ub.uni-muenchen.de/29163/1/MPRA_paper_29163.pdf
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    References listed on IDEAS

    as
    1. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
    2. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
    3. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
    4. Lau, Lawrence J. & Jamison, Dean T. & Louat, Frederic F., 1991. "Education and productivity in developing countries : an aggregate production function approach," Policy Research Working Paper Series 612, The World Bank.
    5. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Cited by:

    1. Omar Essardi & Redouane Razzouk, 2017. "Human Capital and Economic Growth in Morocco: Evidence from Bayesian Model Averaging," International Business Research, Canadian Center of Science and Education, vol. 10(12), pages 167-182, December.
    2. Bouoiyour, Jamal, 2013. "Les transferts des fonds des migrants marocains : Leviers de croissance et du développement [Remittances of Moroccan migrants: Levers of growth and development]," MPRA Paper 50537, University Library of Munich, Germany.

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    More about this item

    Keywords

    Human Capital; Cobb-Douglas Function; Vocational Training;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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