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The impact of human capital on economic growth : Case of Tunisia, Morocco, Japan and South Korea

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  • The impact of human capital on economic growth
  • Jihene, Sbaouelgi
  • International Digital Organization for Scientific Information


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Title The impact of human capital on economic growth
Similar Titles
Sub Title

Case of Tunisia, Morocco, Japan and South Korea

Material Type Articles
Author(English)

Jihene, Sbaouelgi

Publisher

[Dubai]:International Digital Organization for Scientific Information

Date 2013-12
Journal Title; Vol./Issue World Applied Sciences Journal:vol. 28
Subject Country Morocco(Africa)
Tunisia(Africa)
Japan(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Macroeconomics
Holding IDOSI

Abstract

Since the early '90s, the empirical literature on human capital and economic growth is full of conflicting results. Indeed, most theoretical analyzes have confirmed that human capital has a positive and significant effect on growth. This article explores time series causality between human capital (particularly higher education) and growth in four countries economically different, namely Tunisia, Morocco, Japan and South Korea during the period 1960-2012. For this, we use cointegration techniques and Granger causality tests. The results show that cointegration between higher education and economic growth exists only in Japan and South Korea. This finding is explained by the high level of economic growth and human capital of those countries.