Higher education and economic growth in Africa

Gyimah‐Brempong, Kwabena; Paddison, Oliver; Mitiku, Workie

doi:10.1080/00220380600576490

Cited by 211 publications

(128 citation statements)

References 32 publications

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“…Barro (2001) shows via 3SLS that scores and schooling years have a strong positive relation with per capita GDP growth, whereas Appiah and McMahon (2002) show that the per capita growth effects of enrollment rates are not significant. Furthermore, Gyimah-Brempong et al (2006) using the Arellano-Bond dynamic panel data estimator, find that schooling years have a positive effect on per capita growth. Via Pooled Least Squares (PLS), Keller (2006) shows that enrollment rates and primary education expenditure contribute highly significantly to GDP per capita growth.…”

Section: Review Of the Literaturementioning

confidence: 99%

Education and Economic Growth: A Meta-Regression Analysis

2014

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This paper surveys the literature that examines the effect of education on economic growth.Specifically, we apply meta-regression analysis to 56 studies with 979 estimates and show that there is substantial publication selection bias towards a positive impact of education on growth.Once we account for this, we find evidence of a genuine effect of education on economic growth.The variation in reported estimates can be attributed to differences in the measurement of education and study characteristics, most importantly model specification, estimation methodology, type of data and the research outlet where studies were published, e.g. academic journals vs. working papers.JEL Classification: I25, E24, C01, O50

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Section: Review Of the Literaturementioning

confidence: 99%

Education and Economic Growth: A Meta-Regression Analysis

2014

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“…It is also seen that political freedom has a weak influence on economic growth. Gyimah-Brempong et al (2006) tested the expanded neoclassical growth model with the panel GMM method to investigate the effect of higher education on economic growth in African countries during the period of 1960-2000. As a result of the research, they found that primary, secondary and tertiary education which they use as education level positively affects economic growth.…”

Section: Empirical Literaturementioning

confidence: 99%

Relationship Between Human Capital and Economic Growth: An Application to Developing Countries

Altıner¹,

Toktaş²

2017

EJEF

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High and sustainable economic growth, that is an important indicator of life quality, is an essential condition in the realization of economic growth. In this regard, achieving strong economic growth in developing countries which mostly need development today, is one of the most debated topics. For many years, physical capital has been recognized as the most important determinant of economic growth. New approaches to economic growth have been developed since 1980s. In this context, according to endogenous growth theory, it is stated that the most important determinant of economic growth is the human capital stock. Today, while the subject of economic growth is examined, the effect of human capital on economic growth is intensively investigated. In this study, the impact of human capital on economic growth for selected 32 developing countries is investigated by panel data analysis method using data from the period 2000-2014. The focus of the study is also the direction and degree of effect of the increase in the level of education on economic growth. According to empirical analysis results, it is founded that human capital positively affects economic growth. It has also been found that its positive effect on economic growth has reduced while the education level has increased. On the other hand, the results of the analysis indicate that physical capital has a positive impact and that the labor negatively affects economic growth in the studied countries. However, it has been determined that the effect of human capital on economic growth is lower than that of physical capital.

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“…[6] The very same concept and significance of employability, which can be found in all the main documents of the Bologna process, has changed dramatically (Puhakka et al, 2010). [7] Moreover, although there is extensive economic literature pointing towards a positive link between investing in human capital -and in higher education -and economic growth (Murphy et al, 1991;Lucas, 1988;Stephan, 1997;Chatterji, 1998;Jaoul, 2002;Kwabena et al, 2006), empirical research exploring the former and graduates' employment is relatively more rare (Erdem & Tugcu, 2012). In fact, the majority of studies often analyse the wage premiums of tertiary education, providing overwhelming evidence about the positive returns of education on wage levels.…”

Section: Introductionmentioning

confidence: 99%

University Choice, Research Quality and Graduates' Employability: Evidence from Italian National Survey Data

Ciriaci

Muscio

2014

European Educational Research Journal

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Universities have come under increasing pressure to become key drivers of economic development in the age of the knowledge economy. In the case of Italy, there has been concern in recent years about quality and funding of academic institutions, but hardly any reference has been made about the impact of university quality on students' access to the labour market, and therefore on the secondary potential benefits deriving from the definition of appropriate incentives for research performance. This article contributes to fill this gap with a detailed econometric analysis of the determinants of Italian graduates' employability one-year and three-years after graduation, with special reference to university quality measured in terms of research performance. The empirical evidence is based on an Italian National Statistical Institute (ISTAT) survey including information on 47,342 Italian graduates in all scientific disciplines, and on the results of the first national evaluation of academic research activity. It confirms that attending universities with good research performance raises the probability of finding work after graduation. This sheds light on the pivotal role of academic institutions in economic systems, showing that their contribution to employment growth could be substantial, both at the national and regional level.

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Higher education and economic growth in Africa

Cited by 211 publications

References 32 publications

Education and Economic Growth: A Meta-Regression Analysis

Education and Economic Growth: A Meta-Regression Analysis

Relationship Between Human Capital and Economic Growth: An Application to Developing Countries

University Choice, Research Quality and Graduates' Employability: Evidence from Italian National Survey Data

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