The effect of human capital on economic growth
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Date
2024
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oum El Bouaghi
Abstract
The purpose of this article is to study the impact of human capital on economic growth in Chad over the period (1990 to 2021). To do so, we used VAR modeling, the Granger causality test and impulse response function analysis. The estimation results revealed that human capital in Chad contributes positively to economic growth through the "secondary education" variable. Considering the effect of human capital on growth, investment in education, particularly primary and higher education, will increase economic growth in the long term.
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Keywords
Human capital; Economic growth; VAR Modeling; Chad