أثر رأس المال البشري على النمو الاقتصادي في الجزائر خلال الفترة 1980-2017 : دراسة تجريبية باستخدام مقاربة ARDL

Abstract EN

This paper aims to clarify the impact of investing in human capital on economic growth in Algeria during the period 1980 to 2017.

first, we based our study on the theoretical basis that illustrates this relationship, through the theory of human capital and endogenous growth.

in addition to an experimental study using an ARDL model, also we studied the granger causality test according to Toda and Yamamoto methodology (1995) to measure the causal relationship and determine its direction between the different variables of the study.

the experimental results concluded that there is a co-integration relationship between the variables in the short and long run, also it was found that investment in human capital has a positive and significant impact on economic growth in Algeria in the long run, which corresponds with the economic theory, while the causality test results indicate that economic openness in Algeria is affected by economic growth, investment in human capital, employment, capital formation and oil prices.