Public Spending on Human Capital and Economic Growth in Morocco

Oussama Elkhalfi, Rachid Chaabita, Kamal Zahraoui and Hicham El Alaoui
Additional contact information
Oussama Elkhalfi: BIGOFCF, Faculty of Legal, Economic and Social Sciences, University Hassan II- Ain Chock, Morocco.
Rachid Chaabita: Faculty of Legal, Economic and Social Sciences - University Hassan II- Ain Chock and Director of the Laboratory of Business Intelligence - Governance of Organizations, Finance and Financial Crime, Morocco.
Kamal Zahraoui: Hassan II University, FSJES, Casablanca, Morocco.
Hicham El Alaoui: BIGOFCF, University Hassan II- Ain Chock, FSJES, Casablanca, Morocco.

International Journal of Economics and Financial Issues, 2023, vol. 13, issue 4, 102-110

Abstract: The purpose of this paper is to measure the impact of public spending on human capital on economic growth in Morocco. The data cover the period between 1990 and 2019. Through the ARDL estimation model that is more appropriate to the structure of our data, the results reveal that human capital spending is conducive to economic growth in the current year and less conducive in subsequent years. Human capital spending in the long run has a beneficial effect on economic growth in Morocco and the effect is more severe for health spending than education spending. In view of these results, economic policies must support the administration of human capital expenditures towards investment expenditures in the education and health sector.

Keywords: Human capital; ARDL model; Economic growth; Public expenditure. (search for similar items in EconPapers)
JEL-codes: B21 B22 B23 B55 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econjournals.com/index.php/ijefi/article/download/14374/7364 (application/pdf)
https://www.econjournals.com/index.php/ijefi/article/view/14374 (text/html)

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:eco:journ1:2023-04-13

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().