Does public expenditure on education promote Tunisian and Moroccan GDP per capita? ARDL approach
This paper aims to analyze the impact of public education expenditures on GDP per capita of Tunisia and Morocco during the period 1980–2015. This study is based on the Auto-Regressive Distributive Lags (ARDL) approach that is proposed by Pesaran et al. The empirical estimate yields interesting resul...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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KeAi Communications Co., Ltd.
2018-12-01
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| Series: | Journal of Finance and Data Science |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405918818300047 |
| _version_ | 1797203305699475456 |
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| author | Adel Ifa Imène Guetat |
| author_facet | Adel Ifa Imène Guetat |
| author_sort | Adel Ifa |
| collection | DOAJ |
| description | This paper aims to analyze the impact of public education expenditures on GDP per capita of Tunisia and Morocco during the period 1980–2015. This study is based on the Auto-Regressive Distributive Lags (ARDL) approach that is proposed by Pesaran et al. The empirical estimate yields interesting results. In the short term, the relationship between public spending on education and GDP per capita in Morocco is positive while it is negative in Tunisia. In the long term, by contrast, public expenditure on education serves to increase the GDP per capita of the two countries, but more intensively so in Morocco than in Tunisia. Keywords: Public education expenditure, GDP per capita, Tunisia, Morocco, ARDL, Jel codes: H52, I25, P36, O57 |
| first_indexed | 2024-04-24T08:17:13Z |
| format | Article |
| id | doaj.art-8183e6e6d2fb4ec5b22d01ddcb11b91f |
| institution | Directory Open Access Journal |
| issn | 2405-9188 |
| language | English |
| last_indexed | 2024-04-24T08:17:13Z |
| publishDate | 2018-12-01 |
| publisher | KeAi Communications Co., Ltd. |
| record_format | Article |
| series | Journal of Finance and Data Science |
| spelling | doaj.art-8183e6e6d2fb4ec5b22d01ddcb11b91f2024-04-17T03:23:34ZengKeAi Communications Co., Ltd.Journal of Finance and Data Science2405-91882018-12-0144234246Does public expenditure on education promote Tunisian and Moroccan GDP per capita? ARDL approachAdel Ifa0Imène Guetat1Faculty of Economics and Management of Sousse, Tunisia; Corresponding author.Higher School of Economics and Business Sciences of Tunis, TunisiaThis paper aims to analyze the impact of public education expenditures on GDP per capita of Tunisia and Morocco during the period 1980–2015. This study is based on the Auto-Regressive Distributive Lags (ARDL) approach that is proposed by Pesaran et al. The empirical estimate yields interesting results. In the short term, the relationship between public spending on education and GDP per capita in Morocco is positive while it is negative in Tunisia. In the long term, by contrast, public expenditure on education serves to increase the GDP per capita of the two countries, but more intensively so in Morocco than in Tunisia. Keywords: Public education expenditure, GDP per capita, Tunisia, Morocco, ARDL, Jel codes: H52, I25, P36, O57http://www.sciencedirect.com/science/article/pii/S2405918818300047 |
| spellingShingle | Adel Ifa Imène Guetat Does public expenditure on education promote Tunisian and Moroccan GDP per capita? ARDL approach Journal of Finance and Data Science |
| title | Does public expenditure on education promote Tunisian and Moroccan GDP per capita? ARDL approach |
| title_full | Does public expenditure on education promote Tunisian and Moroccan GDP per capita? ARDL approach |
| title_fullStr | Does public expenditure on education promote Tunisian and Moroccan GDP per capita? ARDL approach |
| title_full_unstemmed | Does public expenditure on education promote Tunisian and Moroccan GDP per capita? ARDL approach |
| title_short | Does public expenditure on education promote Tunisian and Moroccan GDP per capita? ARDL approach |
| title_sort | does public expenditure on education promote tunisian and moroccan gdp per capita ardl approach |
| url | http://www.sciencedirect.com/science/article/pii/S2405918818300047 |
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