Impact of social public expenditure onthe formation of human capital: the case of Morocco

Hamdi El Asli and Mohamed Azeroual
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Hamdi El Asli: USMS - Université Sultan Moulay Slimane
Mohamed Azeroual: USMS - Université Sultan Moulay Slimane

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Abstract: The ultimate objective of this research is to identify the type of impact that has public expenditure qualified as social, in our case, education and health, on the genesis of human capital in Morocco over the period from 1990 to 2022 through an empirical study based on four interdependent simple linear regression models.The added value of our research isto confirm the positive contribution of said expenses on the formation of said capital for the Moroccan case, through an impact study on four parameters accounted in the HCI's formula,the new human capital index, adopted by the world bank in 2018, notably, the level of education of individuals adjusted for quality, infant and adult mortality rates and prevalence of stunting.The results show a positive and proportional impact of social spending on the formation of human capital, giving Morocco an index in this area above the global average.

Date: 2023-07-15
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Published in Revue Française d'Economie et de Gestion , 2023, 4 (7)

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