The contribution of education to economic growth: Empirical analysis in the Middle East and North Africa region

Abstract

In this paper we will focus on education. Indeed, most theoretical analyzes have confirmed that human capital has a positive and significant effect on growth. The paper aims to examine in time series the causality between human capital and growth in MENA’s region. For this, We carry out our empirical investigation by employing various human capital measures suggested in the literature. The results show that cointegration between education and economic growth exists only in Tunisia, Turkey, Morocco, Iran and Israel. However, in the other countries the causality does not exist because they don’t have effective means to improve their growth.