Mechanisms of the Influence of Human Capital on Economic Growth: A Panel Data Analysis of the CEMAC Region

Ongo Nkoa B Emmanuel, Vukenkeng Andrew Wujung and Seppo Martin P Emmanuel

Asian Economic and Financial Review, 2014, vol. 4, issue 5, 625-640

Abstract: This paper examines the mechanisms through which human capital influences economic growth in the CEMAC region. The effect of human capital on economic growth was estimated using Two Stage Least Square (2SLS) multiple regression model for the individual countries and the method of Generalized Least Square for the whole sub region. The results show that secondary education improves human capital development. A good health system strengthens/increases the quality of capital. Knowledge acquired on the job increases the productivity of the workers and the accumulated human capital significantly impacts positively on the economic growth of the CEMAC region.

Keywords: Human capital; Economic growth; Education; Health; CEMAC region; Panel data. (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://archive.aessweb.com/index.php/5002/article/view/1181/1715 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:asi:aeafrj:v:4:y:2014:i:5:p:625-640:id:1181

Access Statistics for this article

More articles in Asian Economic and Financial Review from Asian Economic and Social Society
Bibliographic data for series maintained by Robert Allen ().