Human capital and economic growth in ethiopia pdf

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human capital and economic growth in ethiopia pdf

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The human capital–economic growth nexus in SSA countries: what can strengthen the relationship?

This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. His research interests include applied microeconomics, globalization, development strategy, efficiency and productivity and growth with application to manufacturing and services. Skip to main content Skip to table of contents. Advertisement Hide. This service is more advanced with JavaScript available.

The purpose of this study is to examine the impact of human capital on economic growth for a selected sample of nine SSA countries between and using a panel econometric approach. The authors estimate a log-linearized endogenous using the fully modified ordinary least squares FMOLS and the dynamic ordinary least squares POLS applied to our panel data time series. The empirical analysis shows an insignificant effect of human capital on economic growth for our selected sample. These findings remain unchanged even after adding interactive terms to human capital, which are representatives of government spending as well as foreign direct investment. Nevertheless, the authors establish a positive and significant effect of the interactive term between urbanization and human capital on economic growth. This study becomes the first in the literature to validate the human capital—urbanization—growth relationship for African countries.

The Impact of Human Capital on Economic Growth in Ethiopia: Evidence from Time Series Analysis

Show full item record. JavaScript is disabled for your browser. Some features of this site may not work without it. Date: Abstract: The main objective of the study is to investigate the long run and short run effect of human capital on economic growth in Ethiopia using educational expenditure, health expenditure, territory school enrollment, secondary school enrollment, primary school enrollment, and official development assistance as proxy of human capital and real GDP as proxy of economic growth over the period This study had employed Johansen Co-integration, vector error correction model with variance decomposition and impulse response analyses to provide robust short run and long run effects of human capital on economic growth. The results show that the human capital components namely secondary school enrollment and territory school enrolment exhibit positive and statistically significant effect on economic in the long run.

Chapter 1. Introduction 1. Background of the study 1. Statement of the Problem 1. Research Questions 1. General Objective 1. Specific Objectives 1.


Some researchers have attempted to investigate the relationship between human capital development and economic growth in Ethiopia. For instance, using.


Determinants of Economic Growth in Africa

The finding of the Bounds test shows that there is a stable long run relationship between real GDP per capita, education human capital, health human capital, labor force, gross capital formation, government expenditure and official development assistance. The estimated long run model revels that human capital in the form of health proxied by the ratio of public expenditure on health to real GDP is the main contributor to real GDP per capita rise followed by education human capital proxied by secondary school enrolment. Such findings are consistent with the endogenous growth theories which argue that an improvement in human capital skilled and healthy workers improves productivity.

Он отбросил бесполезный мотоцикл и пустился бежать со всех ног. К несчастью для Беккера, вместо неуклюжего такси Халохот обрел под ногами твердую почву. Спокойно подняв пистолет, он выстрелил.

 - Кассирша опустила металлическую шторку и скрылась в служебной комнате. Беккер шумно вздохнул и поднял глаза к потолку. Успокойся, Дэвид.

THE EFFECT OF HUMAN CAPITAL ON ECONOMIC GROWTH IN ETHIOPIA USING ECONOMETRIC ANALYSIS, VAR

В какую-то долю секунды сознание Беккера засекло очки в металлической оправе, обратилось к памяти в поисках аналога, нашло его и, подав сигнал тревоги, потребовало принять решение. Он отбросил бесполезный мотоцикл и пустился бежать со всех ног.

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Сьюзан с трудом воспринимала происходящее. - Что же тогда случилось? - спросил Фонтейн.  - Я думал, это вирус. Джабба глубоко вздохнул и понизил голос. - Вирусы, - сказал он, вытирая рукой пот со лба, - имеют привычку размножаться. Клонировать самих .

Human Capital and Economic Growth in Ethiopia

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