Human Resource Economics

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Human Resource Development and Economic Growth in Ethiopia
(A.A.U, 1997-06) Walelign, Netsanet; Bedri, Abdulhamid (Dr)
Human resources development has long been considered an important factor in economic growth. This study examines the contribution of human resources in Ethiopia's economic growth. This is accomplished by entering education and nutrition (as proxies for human resources development) apart from physical capital and labor in the growth equation by taking the 28 years time period from 1967/68 to 1994/95. A long run static and a short run dynamic (error correction) models are employed to observe the contribution of human resources. The results obtained indicate that in the period under reference education enters positively and significantly whereas nutrition enters positively but insignificantly in explaining the growth in output.