The Role of Higher Education on Economic Development: Theory and Empirical Evidence from the MENA Countries

Malki, I. 2017. The Role of Higher Education on Economic Development: Theory and Empirical Evidence from the MENA Countries. La revue des sciences commerciales (The Review of Business). 16 (2), pp. 71-83.

TitleThe Role of Higher Education on Economic Development: Theory and Empirical Evidence from the MENA Countries
TypeJournal article
AuthorsMalki, I.
Abstract

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.

KeywordsEconomic growth, neoclassical growth model, income convergence, relative clubs of convergence, panel data.
JournalLa revue des sciences commerciales (The Review of Business)
Journal citation16 (2), pp. 71-83
ISSN1112-3818
Year2017
PublisherSchool of Business Studies, National Institute of Commerce
Web address (URL)https://www.asjp.cerist.dz/en/article/35897
Publication dates
Published30 Jun 2017

Related outputs

Long Trends in ASEAN Convergence
Kwan, C.Y. and Malki, I. 2024. Long Trends in ASEAN Convergence. Economics of Transition and Institutional change.

Stock Returns, Industry Concentration and Firm Expenditure Decisions
Kamuriwo, S., Muradoglu, G., Sivaprasad, S. and Malki, I. 2024. Stock Returns, Industry Concentration and Firm Expenditure Decisions. Journal of Economics and Business. 131 106195. https://doi.org/10.1016/j.jeconbus.2024.106195

The impact of microfinance on entrepreneurship and welfare among women borrowers in rural Pakistan
Malki, I., Ghalib, A. and Kausar, R. 2024. The impact of microfinance on entrepreneurship and welfare among women borrowers in rural Pakistan. World Development Perspectives. 35 100616. https://doi.org/10.1016/j.wdp.2024.100616

Connectedness Between Central Bank Digital Currency Index, Financial Stability and Digital Assets
Sivaprasad, S., Bas, T. and Malki, I. 2024. Connectedness Between Central Bank Digital Currency Index, Financial Stability and Digital Assets. Journal of International Financial Markets, Institutions and Money. 92 101981. https://doi.org/10.1016/j.intfin.2024.101981

Do returns and volatility spillovers exist across tech stocks, cryptocurrencies and NFTs?
Sivaprasad, S., Bas, T. and Malki, I. 2024. Do returns and volatility spillovers exist across tech stocks, cryptocurrencies and NFTs? Heliyon. 10 (2) e24615. https://doi.org/10.1016/j.heliyon.2024.e24615

Does R&D Investment Drive Employment Growth? Empirical Evidence using Industry-Level from Japan
Shah, I.H., Kollydas, K., Lee, P.Y., Malki, I. and Chu, C. 2024. Does R&D Investment Drive Employment Growth? Empirical Evidence using Industry-Level from Japan. International Journal of Finance & Economics. 29 (1), pp. 102-118. https://doi.org/10.1002/ijfe.2677

Spill over effects of Geopolitical risk on the banking sector of CIS countries
Sivaprasad, S., Malki, I., Adami, R., Yodgorova, F. and Ibragimova, D. 2023. Spill over effects of Geopolitical risk on the banking sector of CIS countries. International Finance and Banking Society (IFABS), Oxford (2023). Oxford 24 - 26 Jul 2023 University of Westminster.

An Impact Investment Strategy
Juddoo, K., Malki, I., Mathew, S. and Sivaprasad, S. 2023. An Impact Investment Strategy. Review of Quantitative Finance and Accounting. 61, pp. 177-211. https://doi.org/10.1007/s11156-023-01149-0

Comparative Analysis of Ethnic Minority Occupational Attainments in the UK 2014-2018
Kausar, R. and Malki, I. 2022. Comparative Analysis of Ethnic Minority Occupational Attainments in the UK 2014-2018. SSRN. https://doi.org/10.2139/ssrn.4090544

The dynamics of income inequality in Africa: An empirical investigation on the role of macroeconomic and institutional forces
Enowbi Batuo, M., Kararach, G. and Malki, I. 2022. The dynamics of income inequality in Africa: An empirical investigation on the role of macroeconomic and institutional forces. World Development. 157 105939. https://doi.org/10.1016/j.worlddev.2022.105939

Corporate social performance and financial risk: Further empirical evidence using higher frequency data
Ayton, Julie, Krasnikova, N. and Malki, I. 2022. Corporate social performance and financial risk: Further empirical evidence using higher frequency data. International Review of Financial Analysis. 80 (March) 102030. https://doi.org/10.1016/j.irfa.2022.102030

On the long-run dynamics of income and wealth inequality
Ghoshray, A., Malki, I. and Ordóñez, J. 2022. On the long-run dynamics of income and wealth inequality. Empirical Economics. 62, pp. 375-408. https://doi.org/10.1007/s00181-021-02043-1

An Impact Investment Strategy
Sivaprasad, S., Juddoo, K., Malki, I. and Mathew, S. 2021. An Impact Investment Strategy. International Finance and Banking Society(IFABS) 2021. online 13 - 15 Sep 2021

The Case of the United Kingdom: Mapping Localism, Resilience, and Civic Activism in Response to the COVID-19 Pandemic
Bradley, T., Malki, I., Ziniel, C. and Ghalib, A. 2021. The Case of the United Kingdom: Mapping Localism, Resilience, and Civic Activism in Response to the COVID-19 Pandemic. International Journal of Social Quality. 11 (1/2), pp. 145-175. https://doi.org/10.3167/IJSQ.2021.11010209

The share of the global energy mix: Signs of convergence?
Ghoshray, A. and Malki, I. 2021. The share of the global energy mix: Signs of convergence? Bulletin of Economic Research. 73 (1), pp. 34-50. https://doi.org/10.1111/boer.12232

A Structural Break Approach to Analysing the Impact of the QE Portfolio Balance Channel on the US Stock Market
Shah, I., Schmidt-Fisher, F., Malki, I. and Hatfield, R. 2019. A Structural Break Approach to Analysing the Impact of the QE Portfolio Balance Channel on the US Stock Market. International Review of Financial Analysis. 64, pp. 204-220. https://doi.org/10.1016/j.irfa.2019.05.010

Biosynthesis of spathulenol and camphor stand as a competitive route to artemisinin production as revealed by a new chemometric convergence approach based on nine locations’ field-grown Artemesia annua L.
Chemat, S., Boudjelal, S., Malki, I. and Lapkin, A. 2019. Biosynthesis of spathulenol and camphor stand as a competitive route to artemisinin production as revealed by a new chemometric convergence approach based on nine locations’ field-grown Artemesia annua L. Industrial Crops and Products. 137, pp. 521-527. https://doi.org/10.1016/j.indcrop.2019.05.056

A Note on the Modelling and Interpretation of a Public Goods Game Experiment
Lucas, P. and Malki, I. 2019. A Note on the Modelling and Interpretation of a Public Goods Game Experiment. Journal of Applied Statistics. 46 (4), pp. 737-753. https://doi.org/10.1080/02664763.2018.1508562

Microfinance and Household Poverty Reduction: Empirical Evidence from Rural Pakistan
Ghalib, A.K., Malki, I. and Imai, K. 2015. Microfinance and Household Poverty Reduction: Empirical Evidence from Rural Pakistan. Oxford Development Studies. 43 (1), pp. 84-104. https://doi.org/10.1080/13600818.2014.980228

Permalink - https://westminsterresearch.westminster.ac.uk/item/q35q0/the-role-of-higher-education-on-economic-development-theory-and-empirical-evidence-from-the-mena-countries


Restricted files

Accepted author manuscript

Under embargo indefinitely terms available at: http://rioxx.net/licenses/all-rights-reserved/

Share this

Usage statistics

189 total views
12 total downloads
These values cover views and downloads from WestminsterResearch and are for the period from September 2nd 2018, when this repository was created.