الإنفاق الاستثماري على التعليم و أثره على النمو الاقتصادي في ليبيا : دراسة تحليلية قياسية للفترة (1970-2010)‎

Abstract EN

This paper aimed to analyze and investigate the impact of public investment in education on the economic growth in the non-oil activities in the Libyan economy during the period (1970-2010) An econometric model was designed, by using co-integration and ARDL techniques.

The main conclusions of the study could be summarized as follows : In contrast to the Economic theory the study found a negative relation-ship between public investment in education and the economic growth in Libya .

This relation was insignificant in the short run and significant in the long run.

This is because of the inefficiency in public investment in education.

The econometric results indicates that the relationship between gross fixed capital formation and economic growth was positive and significant, that is harmonized with economic theory