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The contribution of education to economic growth: Empirical analysis in the Middle East and North Africa region

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  • Sbaouelgi, Jihène

Abstract

In this paper we will focus on education. Indeed, most theoretical analyzes have confirmed that human capital has a positive and significant effect on growth. The paper aims to examine in time series the causality between human capital and growth in MENA’s region. For this, we carry out our empirical investigation by employing various human capital measures suggested in the literature. The results show that cointegration between education and economic growth exists only in Tunisia, Turkey, Morocco, Iran and Israel. However, in the other countries the causality does not exist because they don’t have effective means to improve their growth.

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  • Sbaouelgi, Jihène, 2017. "The contribution of education to economic growth: Empirical analysis in the Middle East and North Africa region," MPRA Paper 81578, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:81578
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    References listed on IDEAS

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    3. Benhabib, Jess & Spiegel, Mark M., 2005. "Human Capital and Technology Diffusion," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 13, pages 935-966, Elsevier.
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    5. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    6. 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.
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    More about this item

    Keywords

    education; economic growth; causality and cointegration;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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