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

  • Guisan, M.C.
  • Exposito, P.

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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File URL: http://www.usc.es/economet/reviews/aeid517.pdf
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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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  1. 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.
  2. Alemayehu Geda & Haile Kibret, 2002. "Regional Economic Integration in Africa: A Review of Problems and Prospects with a Case Study of COMESA," Working Papers 125, Department of Economics, SOAS, University of London, UK.
  3. Sophie Chauvin & Guillaume Gaulier, 2002. "Regional Trade Integration in Southern Africa," Working Papers 2002-12, CEPII research center.
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