Human capital investment and economic development: empirical evidence from the Middle East region MENA

Abstract

This paper explores the role of human capital in economic growth in the MENA region. This research proposes empirical approaches  using panel data from 2007 to 2019, and employs appropriate econometric techniques. This work argues that investment in human  capital is considered a crucial factor in influencing economic success. It is found that human capital has an influence on economic growth;  however, this influence may not be as large which can limit a country's growth potential in the MENA region.