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Human Capital and Economic Growth in Egypt

Author

Listed:
  • Merna Mohamed Esmat Hefnawi

    (German University in Cairo (GUC))

  • Hebatallah Ghoneim

    (German University in Cairo (GUC))

Abstract

The role that human capital plays in the economic growth of the countries has been an ongoing debate through the last two decades and has shown various empirical results over this period. This study aims is to analyze and investigate the magnitude of relationship between human capital and the economic growth in Egypt since the Egyptian population has exceeded 96 million which shows that human capital is one of the most important resources Egypt has. This raises an important question which is; how this high population can contribute in the economic development of the Egyptian economic system and achieve the desired economic growth?. To investigate this question, two models are examined; a macroeconomics model in addition to a microeconomics model. The results of this study help evaluating the government education and health expenditure policies, giving recommendations for successful social policies, and providing a direction for the needed investments in Egypt.

Suggested Citation

  • Merna Mohamed Esmat Hefnawi & Hebatallah Ghoneim, 2020. "Human Capital and Economic Growth in Egypt," Proceedings of Business and Management Conferences 10112451, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:ibmpro:10112451
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    File URL: https://iises.net/proceedings/11th-business-management-conference-dubai/table-of-content/detail?cid=101&iid=004&rid=12451
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    References listed on IDEAS

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    Cited by:

    1. Elwasila S. E. Mohamed, 2022. "Female Human Capital and Economic Growth in Sudan: Empirical Evidence for Women’s Empowerment," Merits, MDPI, vol. 2(3), pages 1-23, August.

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    More about this item

    Keywords

    Economic Development; Economic Growth; Education; Egypt; Experience; Health; Human Capital Earnings Model; Human Capital; Income Distribution; Solow Growth Model;
    All these keywords.

    JEL classification:

    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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