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Publication Details
AFRICAN RESEARCH NEXUS
SHINING A SPOTLIGHT ON AFRICAN RESEARCH
social sciences
Higher education and economic growth in Africa
Journal of Development Studies, Volume 42, No. 3, Year 2006
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Description
This paper uses panel data over the 1960-2000 period, a modified neoclassical growth equation, and a dynamic panel estimator to investigate the effect of higher education human capital on economic growth in African countries. We find that all levels of education human capital, including higher education human capital, have positive and statistically significant effect on the growth rate of per capita income in African counties. Our result differs from those of earlier research that find no significant relationship between higher education human capital and income growth. We estimate the growth elasticity of higher education human capital to be about 0.09, an estimate that is twice as large as the growth impact of physical capital investment. While this is likely to be an overestimate of the growth impact of higher education, it is robust to different specifications and points to the need for African countries to effectively use higher education human capital in growth policies. © 2006 Taylor & Francis.
Authors & Co-Authors
Gyimah-Brempong, Kwabena
United States, Alexandria
National Science Foundation
United States, Tampa
University of South Florida, Tampa
Paddison, Oliver
Trinidad and Tobago, Port of Spain
United Nations Eclac
Mitiku, Workie
Ethiopia, Addis Ababa
United Nations Economic Commission for Africa, Addis Ababa
Statistics
Citations: 339
Authors: 3
Affiliations: 4
Identifiers
Doi:
10.1080/00220380600576490
ISSN:
00220388