摘要：This paper provides new empirical evidence concerning the relationship between humancapital (measured by education and health related variables) and economic growth for a largesample of 49 African countries over the period from 1996 to 2010. Using traditionalcross-section and dynamic panel techniques, we find that public expenditures on educationand health have a negative impact on economic growth, whereas human capital stockindicators have a slight positive effect. Furthermore, our empirical investigations suggestthat education and health spending are complementary. Then, public investment in educationand health should be jointly increased and their efficiency in order to expect positive impactof human capital on growth in African countries.
关键词：Human Capital; Education; Health; Economic Growth; Panel Data; Africa
