Human Capital and Economic Development in Africa: An Econometric Analysis for 1950-2002

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Human Capital and Economic Development in Africa: An Econometric Analysis for 1950-2002

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Guisan, M.C. ()
Exposito, P. ()

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Abstract

During the period 1950-2002 Africa has experienced a lower degree of economic development than Asia, due to several circumstances, and particularly to the low educational levels of population in many African countries. In this article we present the estimation of some econometric models of African countries, which show the positive role that human capital has in development and the negative consequences for many African countries if their educational gap is not overcome on the next years. We also analyse some models which have into account the role of industrial investment and foreign trade in the development of Africa.

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Article provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.

Volume (Year): 5 (2005)
Issue (Month): 1 ()
Pages: 129-142
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Handle: RePEc:eaa:aeinde:v:1:y:2005:i:1_7

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For technical questions regarding this item, or to correct its listing, contact: (M. Carmen Guisan).

Find related papers by JEL classification:
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
L6 - Industrial Organization - - Industry Studies: Manufacturing
O1 - Economic Development, Technological Change, and Growth - - Economic Development
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa

References listed on IDEAS
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Marc Piazolo, 2002. "Regional Integration In Southern Africa," South African Journal of Economics, Economic Society of South Africa, vol. 70(8), pages 1198-1221, December. [Downloadable!] (restricted)
Sophie Chauvin & Guillaume Gaulier, 2002. "Regional Trade Integration in Southern Africa," Working Papers 2002-12, CEPII research center. [Downloadable!]

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