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Role of human capital in the promotion of technological progress, economic growth and development in Africa: A case study of Kenya

机译:人力资本在促进非洲技术进步,经济增长和发展中的作用:以肯尼亚为例

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Background: ?This article evaluates the role of human capital in the promotion of technological progress, economic growth and development in Africa by focusing on the case of Kenya. Objectives: ?The overall objective of this article was to evaluate the effects of human capital on technological progress, economic growth and development in Kenya over the period between 1971 and 2014. Method: ?In this article, human capital was measured by human capital index defined as the ratio of current level of human capital in the national economy to the level of human capital 2 years ago. In particular, human capital in the broad sense was estimated by computing the ratio between 2 years of the hypotenuse of capital and labour vectors, and this measure outperformed all the other measures of human capital by yielding very good regression results by way of the generalised least squares technique. Results: ?Based on the econometric and statistical analyses, human capital in Kenya was found to have had a positive influence on economic growth in the long run. Human capital was also found to have had a positive influence on labour in the long run. Conclusion: ?Both human capital formation and technological progress should be given priority in the promotion of economic growth and development in Kenya rather than merely increasing the productivity of either capital or labour. Capital accumulation and labour generation should also be encouraged because increase in the two variables always under normal circumstances results in economic growth and development.
机译:背景:本文以肯尼亚为例,评估了人力资本在促进非洲技术进步,经济增长和发展中的作用。目标:本文的总体目标是评估1971年至2014年期间人力资本对肯尼亚技术进步,经济增长和发展的影响。方法:本文采用人力资本指数来衡量人力资本定义为当前国民经济中的人力资本水平与2年前的人力资本水平之比。特别是,广义人力资本是通过计算两年的资本斜边与劳动矢量之间的比率来估算的,并且该方法通过广义最小二乘产生很好的回归结果,从而胜过所有其他人力资本度量。方格技术。结果:?根据计量经济学和统计分析,从长远来看,肯尼亚的人力资本对经济增长具有积极影响。从长期来看,还发现人力资本对劳动力产生了积极影响。结论:在促进肯尼亚的经济增长和发展中,应优先考虑人力资本形成和技术进步,而不仅仅是增加资本或劳力的生产率。还应鼓励资本积累和劳动力的产生,因为在通常情况下,这两个变量的增加总是会导致经济增长和发展。

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