|Title||The Role of Higher Education on Economic Development: Theory and Empirical Evidence from the MENA Countries|
The purpose of this paper is to investigate the role of higher education on economic development in the MENA countries. The main question this paper attempts to answer is whether higher education contributes to sustainable development in developing economies. Although the question has been extensively studied by the literature, the conclusions are often found to be contrasting. In other words, the body of empirical evidence does not provide any conclusive positive role of higher education. In this context, we revisit the evidence by (i) accounting for development path of each economies and (ii) employing endogenous growth model. In general, we find that the role of higher education on economic growth is different across countries depending on the country’s position on economic development.
|Keywords||Economic growth, neoclassical growth model, income convergence, relative clubs of convergence, panel data.|
|Journal||La revue des sciences commerciales (The Review of Business)|
|Journal citation||16 (2), pp. 71-83|
|Publisher||School of Business Studies, National Institute of Commerce|
|Web address (URL)||https://www.asjp.cerist.dz/en/article/35897|
|Published||30 Jun 2017|