التكامل الاقتصادي
Volume 10, Numéro 1, Pages 219-228
2022-03-31
The Relationship Between Education Levels And Economic Growth In Algeria: An Ardl Approach
Authors : Guesmi Souad . Boutayeba Faical .
Abstract
Based on annual data collected between 1987 and 2011, this study investigates the short-and long-run co-integration relationships between various education levels and economic growth in Algeria using an Autoregressive Distributed Lag (ARDL) model. The empirical results show clearly that both primary and secondary education levels influence positively and significantly economic growth in the long run; whereas in the short run, only secondary education has such influence. Therefore, it is strongly recommended to devote much more public funds to these two education levels in the hope of raise enrolment and enhance education quality in the future.
Keywords
education levels ; human capital ; economic growth ; ARDL ; Algeria
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