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Human Capital In Africa: Technical Change, Efficiency And Productivity

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Author Info
Vishal Chandr JAUNKY
Abstract

The 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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Publisher Info
Article 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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Handle: RePEc:eaa:aeinde:v:9:y:2009:i:2_14

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Related research
Keywords: Human capital; stochastic frontier analysis; Malmquist productivity growth index; Africa;

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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This page was last updated on 2009-12-19.

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