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Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
Economics Discussion Papers No. 2017-4
Verlag: 
Kiel Institute for the World Economy (IfW), Kiel
Zusammenfassung: 
This study answers the question: What are the results of assuming the nature of technological progress as Harrod-neutral in growth accounting for the Middle East and North African (MENA) countries? Accordingly, this study contributes to the debate over whether the sources of economic growth stem from technological progress, capital or human capital accumulation. The study finds evidence that economic growth stems from capital accumulation rather than total factor productivity for the MENA countries, except Israel and Saudi Arabia. The authors concluded that assuming the nature of technological progress as Harrod-neutral in growth accounting for the MENA countries does not have a critical impact on the results.
Schlagwörter: 
sources of economic growth
growth accounting
human capital
bounds testing
ARDL
MENA
JEL: 
O30
O47
O57
C22
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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