The Impact of Human Capital on Growth : Evidence from West Africa /

This paper analyzes the impact of human capital on growth, on the basis of refined calculations of human capital, and with a focus on West Africa. Using a growth-accounting methodology, it distinguishes the sources of growth between the accumulation of factors of production and changes in production...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Brunschwig, Sonia
Weitere Verfasser: Sacerdoti, Emilio, Tang, Jon
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1998.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1998/162
Online Zugang:Full text available on IMF
Beschreibung
Zusammenfassung:This paper analyzes the impact of human capital on growth, on the basis of refined calculations of human capital, and with a focus on West Africa. Using a growth-accounting methodology, it distinguishes the sources of growth between the accumulation of factors of production and changes in production intensity or efficiency. Private capital is found to be particularly important to growth, but human capital appears not to be significant. The paper also identifies the terms of trade, trade openness, the government deficit, and the share of government investment in total investment as key policy variables affecting growth.
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Beschreibung:1 online resource (34 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Zugangseinschränkungen:Electronic access restricted to authorized BRAC University faculty, staff and students