The impact of human capital accumulation on growth in Algeria using DSGE models

Authors

  • Chahrazed Belhadj-Amara University of Yahia Fares, Medea, Algeria
  • Mohamed Saoudi University of Yahia Fares, Medea, Algeria

Keywords:

Economic Growth, Human Capital, DSGE, Productivity Shock Function

Abstract

This study aims to estimate the relationship between economic growth and human capital, based on a dynamic stochastic general equilibrium (DSGE) model. It utilizes macroeconomic data for Algeria from 1970 to 2022, relying on six real series including consumption, investment, the consumer price index, GDP, financial expenditure, and interest rates, all aligning with the DSGE model. The results showed that the accumulation of human capital in Algeria, through a productivity shock function, does not significantly affect economic growth in Algeria.

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Published

2024-09-18

How to Cite

Belhadj-Amara, C., & Saoudi, M. (2024). The impact of human capital accumulation on growth in Algeria using DSGE models. International Journal of Economic Perspectives, 18(8), 1298–1311. Retrieved from http://ijeponline.org/index.php/journal/article/view/639

Issue

Vol. 18 No. 8 (2024)

Section

Peer Review Articles
Copyright & Licensing

Copyright (c) 2024 Chahrazed Belhadj-Amara, Mohamed Saoudi

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