Human Capital In Africa: Technical Change, Efficiency And Productivity
AbstractThe aim of this paper is to analyze the importance of human capital on productivity growth for 26 African countries over the period 1976-1996. To estimate productivity change, the Malmquist total factor productivity (TFP) growth index is computed. This index is then decomposed into technical change and efficiency change. In general, human capital is found to exert a positive effect on technical change and productivity change while efficiency change is left unaffected. Additionally, higher technical inefficiency tends to lead to lower the rate of innovation.
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Bibliographic InfoArticle provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.
Volume (Year): 9 (2009)
Issue (Month): 2 ()
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Find related papers by JEL classification:
- N27 - Economic History - - Financial Markets and Institutions - - - Africa; Oceania
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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