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

Author

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  • Guisan, M.C.
  • Exposito, P.

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.

Suggested Citation

  • Guisan, M.C. & Exposito, P., 2005. "Human Capital and Economic Development in Africa: An Econometric Analysis for 1950-2002," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 5(1), pages 129-142.
  • Handle: RePEc:eaa:aeinde:v:1:y:2005:i:1_7
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    File URL: http://www.usc.es/economet/reviews/aeid517.pdf
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    References listed on IDEAS

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    1. Alemayehu Geda & Haile Kebret, 2008. "Regional Economic Integration in Africa: A Review of Problems and Prospects with a Case Study of COMESA," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 17(3), pages 357-394, June.
    2. Sophie Chauvin & Guillaume Gaulier, 2002. "Regional Trade Integration in Southern Africa," Working Papers 2002-12, CEPII research center.
    3. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. AKA, Bedia François, 2016. "Quantitative Impacts Of Basic Income Grant On Income Distribution In Cote D’Ivoire: Time To Change Our Societies," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 25(1), pages 159-170.
    2. repec:eaa:aeinde:v:18:y:2018:i:1_7 is not listed on IDEAS
    3. Mohammed SHUAIBU & Popoola Oladayo TIMOTHY, 2016. "Human Capital Development Dynamics in Africa: Evidence from Panel Cointegration and Causality in 33 Countries, 2000-2013," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 16(1).
    4. GUISAN, Maria-Carmen, 2015. "Selected Readings On Econometrics Methodology, 2001-2010: Causality, Measure Of Variables, Dynamic Models And Economic Approaches To Growth And Development," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 15(2), pages 213-220.
    5. repec:eaa:aeinde:v:17:y:2017:i:1_7 is not listed on IDEAS
    6. AKA, Bédia F., 2009. "Business Cycle And Sectoral Fluctuations: A Nonlinear Model For Côte D’Ivoire," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 9(1), pages 111-126.

    More about this item

    Keywords

    Human Capital; Africa; Economic Development;

    JEL classification:

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

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