Human capital and development in AfricaEconometric models and evolution, 1950-2002

  1. Maria-Carmen Guisán
  2. Pilar Expósito
Zeitschrift:
Applied econometrics and international development

ISSN: 1578-4487

Datum der Publikation: 2005

Ausgabe: 5

Nummer: 1

Seiten: 129-142

Art: Artikel

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Zusammenfassung

During the period 1950-2002 Africa has experienced a lower degree of economic development than Asia, due to several circumstances, and particularly to the low educational levels of population in many African countries. In this article we present the estimation of some econometric models of African countries, which show the positive role that human capital has in development and the negative consequences for many African countries if their educational gap is not overcome on the next years. We also analyse some models which have into account the role of industrial investment and foreign trade in the development of Africa.

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