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Effect of Public Expenditures on Education on Economic Growth in Morocco : An ARDL Model

Authors: BOURHABA Othmane; MHENNA Rachid; MHENNA Naoual;

Effect of Public Expenditures on Education on Economic Growth in Morocco : An ARDL Model

Abstract

Résumé : Les économistes, les chercheurs et les décideurs politiques sont depuis longtemps intrigués par le rôle de l'éducation en tant que composante essentielle du capital humain. Pour renforcer le capital humain, les gouvernements des pays en développement consacrent davantage de ressources à l'éducation. Une étude a été menée à l'aide d'un modèle autorégressif à décalage échelonné (ARDL) couvrant la période 1973-2012 afin d'étudier la relation entre les dépenses publiques d'éducation et la croissance économique au Maroc. L'analyse empirique a démontré une corrélation positive entre les dépenses publiques d'éducation et la croissance économique. Les résultats de l'étude indiquent que les dépenses publiques d'éducation affectent la croissance économique après un certain délai. Mots clés : Dépenses publiques, la croissance économique, Modèle autorégressif à retard échelonné. Abstract: Economists, researchers, and policymakers have long been intrigued by the role of education as a critical component of human capital. To enhance human capital, developing countries' governments are dedicating more resources to education. A study was conducted using an Autoregressive Scaled Lag Model (ARDL) spanning from 1973 to 2012 to investigate the relationship between public spending on education and economic growth in Morocco. The empirical analysis has demonstrated a positive correlation between public expenditure on education and economic growth. The study's findings indicate that public expenditure on education affects economic growth after a certain time lag. Keywords: Public expenditure, economic growth,

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Public expenditure, economic growth,, African Scientific Journal, African Scientific Journal

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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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