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Impact of Public Education Expenditures on Economic Growth in Morocco: An ARDL Approach
[Impact des dépenses publiques d'éducation sur la croissance économique au Maroc : une approche ARDL]

Author

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  • Imane Bou-Laouz

    (UIT - Université Ibn Tofaïl)

  • Youssef Samihi

    (UIT - Université Ibn Tofaïl)

Abstract

In this article, we analyze the impact of public education spending on economic growth in Morocco from 1975 to 2022, using the (Auto-Regressive Distributed Lag) ARDL econometric model in Eviews 13 software. The study examines the relationship between education expenditures and GDP growth, incorporating key variables such as gross fixed capital formation (GFCF), population growth rate, inflation, and primary completion rate. Grounded in endogenous growth and post-Keynesian theories, this research explores how education, as an investment in human capital, influences productivity and growth. The findings highlight contrasting impacts: a significant negative effect in the short term, attributed to structural inefficiencies and maturation delays, and an absence of significant long-term impact due to institutional limitations and a mismatch with economic needs. The study underscores the importance of deepreforms to maximize the economic benefits of education spending in Morocco.

Suggested Citation

  • Imane Bou-Laouz & Youssef Samihi, 2025. "Impact of Public Education Expenditures on Economic Growth in Morocco: An ARDL Approach [Impact des dépenses publiques d'éducation sur la croissance économique au Maroc : une approche ARDL]," Post-Print hal-05156945, HAL.
    • Handle: RePEc:hal:journl:hal-05156945
    DOI: 10.5281/zenodo.15207126
    Note: View the original document on HAL open archive server: https://hal.science/hal-05156945v1
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