Publication Information
Published by: Admin
Published: 1 month ago
View: 53
Pages: 33
ISBN: 1
Abstract
This study provides empirical insights
into the impact of research productivity on Africa’s productive capacity,
contingent upon government education expenditure. Using a panel of 52 African
countries from 2010 to 2022, the dynamic system generalized method of moments
(GMM) estimation technique was employed as a robust alternative to Pooled OLS.
The analysis yielded several key findings. First, the
system GMM results emphasize the importance of aligning research and
development efforts with educational investments, as the effect of research
productivity on productive capacity is influenced by government education
expenditure. Second, governance quality, per capita income, and industrial
value-added emerged as key drivers of productive capacity, while natural
resource endowment was found to be a limiting factor. Based on these findings,
the study highlights the need for increased government education funding,
collaborative research initiatives, professional development for educators,
infrastructure investment, public-private partnerships, open data initiatives,
and technology integration to boost research productivity and enhance Africa's
productive capacity. The study discusses how the research can be improved with
other non-linear techniques.
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