Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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This paper specifically investigates the causality between education and economic growth in Zimbabwe during the period 1980 to 2008. The empirical investigation has been carried out by Pairwise Granger Causality and Vector Autoregression(VAR) modelling using modern econometrics techniques of unit root test since macroeconomic time series data was used which is frequently non stationary. The findings confirmed that there is uni-directional causality between education and economic growth in the Zimbabwean economy running from education to economic growth as established by granger causality tests, variance decomposition and impulse response functions. This shows that investing in education is important for economic growth. The results also confirm a transmission mechanism that runs from education to economic growth via physical capital investment. This shows that a rise in human capital boosts the return on physical investment. The study recommends that the government and the private sector should concentrate on policies that will improve the education system.
Dr. Tichaona Zivengwa. 1970. \u201cInvestigating the causal relationship between education and economic growth in Zimbabwe\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 12 (GJMBR Volume 12 Issue B8): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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Total Score: 106
Country: Zimbabwe
Subject: Global Journal of Management and Business Research - B: Economic & Commerce
Authors: Dr. Tichaona Zivengwa (PhD/Dr. count: 1)
View Count (all-time): 127
Total Views (Real + Logic): 20278
Total Downloads (simulated): 10750
Publish Date: 1970 01, Thu
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This paper specifically investigates the causality between education and economic growth in Zimbabwe during the period 1980 to 2008. The empirical investigation has been carried out by Pairwise Granger Causality and Vector Autoregression(VAR) modelling using modern econometrics techniques of unit root test since macroeconomic time series data was used which is frequently non stationary. The findings confirmed that there is uni-directional causality between education and economic growth in the Zimbabwean economy running from education to economic growth as established by granger causality tests, variance decomposition and impulse response functions. This shows that investing in education is important for economic growth. The results also confirm a transmission mechanism that runs from education to economic growth via physical capital investment. This shows that a rise in human capital boosts the return on physical investment. The study recommends that the government and the private sector should concentrate on policies that will improve the education system.
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