{"title":"Institutions, Human Capital, and Economic Growth in the Maghreb countries","authors":"Zouheir Abida, Houria Abdellaoui","doi":"10.1007/s13132-024-02043-3","DOIUrl":null,"url":null,"abstract":"<p>This paper considers the relationship between institutional quality, human capital, and economic growth. More specifically, we seek to establish the linkages by which economic freedom affects real GDP growth via its mediating impact on human capital. These associations were investigated using the dynamic system generalized method of moments (GMM) on a panel of 3 Maghreb countries, namely, Tunisia, Algeria, and Morocco over the 1991–2020 period. The results show that (1) in the long run, both institutional quality and human capital can promote economic growth. (2) Institutional quality and human capital have a significant positive interactive effect on the economic growth. Policy implications of these results are that careful attention should be paid to co-development policies to enhance the institutional quality and the human capital in these countries. Policies should also consider economic growth strategies to enable sustainable economic growth rates.</p>","PeriodicalId":47435,"journal":{"name":"Journal of the Knowledge Economy","volume":"34 1","pages":""},"PeriodicalIF":4.0000,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the Knowledge Economy","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s13132-024-02043-3","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper considers the relationship between institutional quality, human capital, and economic growth. More specifically, we seek to establish the linkages by which economic freedom affects real GDP growth via its mediating impact on human capital. These associations were investigated using the dynamic system generalized method of moments (GMM) on a panel of 3 Maghreb countries, namely, Tunisia, Algeria, and Morocco over the 1991–2020 period. The results show that (1) in the long run, both institutional quality and human capital can promote economic growth. (2) Institutional quality and human capital have a significant positive interactive effect on the economic growth. Policy implications of these results are that careful attention should be paid to co-development policies to enhance the institutional quality and the human capital in these countries. Policies should also consider economic growth strategies to enable sustainable economic growth rates.
期刊介绍：
In the context of rapid globalization and technological capacity, the world’s economies today are driven increasingly by knowledge—the expertise, skills, experience, education, understanding, awareness, perception, and other qualities required to communicate, interpret, and analyze information. New wealth is created by the application of knowledge to improve productivity—and to create new products, services, systems, and process (i.e., to innovate). The Journal of the Knowledge Economy focuses on the dynamics of the knowledge-based economy, with an emphasis on the role of knowledge creation, diffusion, and application across three economic levels: (1) the systemic ''meta'' or ''macro''-level, (2) the organizational ''meso''-level, and (3) the individual ''micro''-level. The journal incorporates insights from the fields of economics, management, law, sociology, anthropology, psychology, and political science to shed new light on the evolving role of knowledge, with a particular emphasis on how innovation can be leveraged to provide solutions to complex problems and issues, including global crises in environmental sustainability, education, and economic development. Articles emphasize empirical studies, underscoring a comparative approach, and, to a lesser extent, case studies and theoretical articles. The journal balances practice/application and theory/concepts.
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号
