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Does human capital create economic growth in Sub-Saharan Africa?: An empirical analysis of the relationship between human capital and economic growth.
Södertörn University, School of Social Sciences.
2015 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

The objective of this thesis is to investigate if human capital has a significant impact on economic growth. This is tested with a panel data regression model where data is taken annually from the Sub-Saharan Africa region between the years 1988-2011. The final regression model displayed education as a positive factor for GDP per capita growth, but not at a significant level.

This result resembles many previous studies, and leads to the conclusion that we do not have a significant relationship between education enrolment and economic growth. The result raises the question if enrolment rates in school are a valid variable to capture human capital with, and calls for more investigations on the quality aspect of education.

Place, publisher, year, edition, pages
2015. , 50 p.
Keyword [en]
Economic growth, human capital, education, panel data, Sub-Saharan Africa
National Category
Economics
Identifiers
URN: urn:nbn:se:sh:diva-27841OAI: oai:DiVA.org:sh-27841DiVA: diva2:825381
Subject / course
Economics
Uppsok
Social and Behavioural Science, Law
Supervisors
Available from: 2015-06-24 Created: 2015-06-23 Last updated: 2015-06-24Bibliographically approved

Open Access in DiVA

fulltext(1671 kB)428 downloads
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CiteExportLink to record
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Citation style
  • apa
  • ieee
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  • vancouver
  • Other style
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Language
  • de-DE
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  • en-US
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  • nn-NO
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  • Other locale
More languages
Output format
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