- Title
- A comparative analysis of the effects of different Levels of Education on growth in African Economies
- Creator
- Mkhosana, Nomathamsanqa
- Subject
- Economic development -- Effect of education on
- Subject
- Education -- Economic Aspects
- Date Issued
- 2020
- Date
- 2020
- Type
- Thesis
- Type
- Masters
- Type
- MCom
- Identifier
- http://hdl.handle.net/10948/50393
- Identifier
- vital:42161
- Description
- The economic growth and development of a country depend on the educational opportunities available to its citizens. Education is deemed to influence economic growth via improved labour productivity particularly through knowledge and skills accumulation by promoting technological improvement and innovation. The aim of the study was to highlight the importance of each level of education on economic growth of African countries. The objective of the study was to find which level of education (primary, secondary and tertiary) has the most significant effect on economic growth. To obtain this objective, the study using two panel cointegration methods, the fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) method applied to data covering the period of 2000 to 2017, the study aimed at sampling 10 educated economies and 10 advanced economies in Africa, since South Africa and Kenya belong in both categories, the study a total of 18 African economies. The results of the study show discrepancies, that is, primary and secondary education being most beneficial towards more advanced economies whilst only tertiary education is beneficiary towards more educated African countries. Policy implications are provided.
- Format
- viii, 56 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
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NMU School for Economics, Development and Tourism
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Mkhosana, N.pdf | 789 KB | Adobe Acrobat PDF | View Details Download |