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Capital humain, productivité manufacturière et croissance économique dans les pays de l’UEMOA
[Human capital, manufacturing productivity and economic growth in WAEMU countries]

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  • NAPO, Fousséni

Abstract

The objective of this work is to analyze the relationship between human capital and productivity in manufacturing industries, by studying their direct link to economic growth. Based on annual data from the countries of the West African Economic and Monetary Union (WAEMU), taken between 2000 and 2016, we apply the Pooled Mean Group method for our estimates. The results show that productivity in manufacturing industries is unlikely to support sustainable economic growth through human capital. In this respect, the increase in tertiary and secondary enrolment rates and the quality of training will have a positive impact on manufacturing production and economic growth. Since public spending on education is low, it has a perverse effect on manufacturing productivity. But increasing public spending on education would mitigate this perverse effect.

Suggested Citation

  • NAPO, Fousséni, 2018. "Capital humain, productivité manufacturière et croissance économique dans les pays de l’UEMOA [Human capital, manufacturing productivity and economic growth in WAEMU countries]," MPRA Paper 89450, University Library of Munich, Germany, revised 12 Oct 2018.
    • Handle: RePEc:pra:mprapa:89450
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    More about this item

    Keywords

    Industrial development; human capital; public expenditure and education; Africa.;
    All these keywords.

    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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