Does Research Output Matter for Economic Growth in Sub Saharan African Countries? Quantity and Quality Analysis

• Autores: Hichem Dkhili, Khaled Adnan Oweis
• Localización: RIMCIS: Revista Internacional y Multidisciplinar en Ciencias Sociales, ISSN-e 2014-3680, Vol. 7, Nº. 3, 2018 (Ejemplar dedicado a: November), págs. 221-242
• Idioma: inglés
• DOI: 10.17583/rimcis.2018.3108
• Títulos paralelos:
  • ¿Tienen Importancia los Resultados de la Investigación para el Crecimiento Económico de los Países del África Subsahariana? Análisis Cuantitativo y Cualitativo
• Enlaces
  • Texto completo (pdf)
• Resumen
  • español

    Estudiamos la relación entre rankings universitarios y el crecimiento económico en países del África Subsahariana aplicando el método de análisis panel y la técnica sistema GMM sobre una muestra de 43 países del África Subsahariana durante el periodo 1996-2015. Nuestros resultados indican que la investigación académica ejerce un efecto significativo y positivo sobre el nivel de crecimiento económico tanto para los efectos fijos como para los aleatorios. Sin embargo, esta relación parece insignificante cuando ejecutamos una regresión GMM. Así mismo, los resultados muestran que la inversión doméstica (INVES) y los ahorros domésticos brutos (GDSAV) se consideran factores clave para el crecimiento económico en la región. Contrariamente, el efecto de la inversión extranjera directa es positivo pero no significativo para regresiones de efectos fijos y aleatorios

  • English

    We study the link between university rankings and economic growth in Sub Saharan African Countries (SSA)? By applying the panel data analysis method and the system GMM technique used on a sample of 43 SSA countries during the period 1996-2015. Our results indicate that academic research exerts a positive and significant effect on the level of economic growth for both fixed and random effect. However, this relation seems to be insignificant when we run GMM in system regression. Also, findings show that domestic investment (INVES) and gross domestic savings (GDSAV) are considered as key factors for boosting economic growth in the SSA region. Contrary, the effect of foreign direct investment (FDI) is positive but not significant for fixed and random effect regressions.

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