Education, Innovation and Labor: Obstacles to Egypt’s Competitiveness?

Malak Reda ()
Additional contact information
Malak Reda: Egyptian Centre for Economic Studies-ECES

No 18, Working Papers from AlmaLaurea Inter-University Consortium

Abstract: Using panel data regressions for twenty-five countries, including Egypt, for the period 2005-2011, the current study investigates how labor, education and innovation affect Egypt’s competitiveness and in turn affect real economic growth. Results indicate that labor, education and innovation affect greatly competitiveness and real GDP growth and that investing in those dimensions is key for greater economic growth. Further using Egypt’s specific time series for the period 1980-1999, results indicate the importance of raising both the efficiency and level of expenditure on education; highlight the necessity to raise the innovation capacity of the country and stress upon the importance of youth employment and its positive impact on real GDP growth. Assuming that Egypt is able to improve its education, innovation and labor indicators that underlie the global competitiveness score by five percent, this will in turn lead to greater real GDP growth, estimated at 9.9 percent. The results emphasize the need to improve the quality and efficiency of the educational system; to invest heavily in the creation of employment, especially for the youth, and to invest in improving innovation capacity towards higher output growth and welfare.

Pages: 39
Date: 2011-09
New Economics Papers: this item is included in nep-ara, nep-cse, nep-edu, nep-ino and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www2.almalaurea.it/universita/pubblicazioni/wp/pdf/wp18.pdf First version, 2011 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www2.almalaurea.it/universita/pubblicazioni/wp/pdf/wp18.pdf [307 Temporary Redirect]--> https://www2.almalaurea.it/universita/pubblicazioni/wp/pdf/wp18.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:laa:wpaper:18

Access Statistics for this paper

More papers in Working Papers from AlmaLaurea Inter-University Consortium
Bibliographic data for series maintained by ().