The objective of this thesis is to investigate if human capital has a significant impact on economic growth. This is tested with a panel data regression model where data is taken annually from the Sub-Saharan Africa region between the years 1988-2011. The final regression model displayed education as a positive factor for GDP per capita growth, but not at a significant level. This result resembles many previous studies, and leads to the conclusion that we do not have a significant relationship between education enrolment and economic growth. The result raises the question if enrolment rates in school are a valid variable to capture human capital with, and calls for more investigations on the quality aspect of education.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:sh-27841 |
| Date | January 2015 |
| Creators | Johansson, Lucas |
| Publisher | Södertörns högskola, Institutionen för samhällsvetenskaper |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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