Study of the asymmetric effects of government spending directed to the higher education sector on economic growth in Algeria During the Period (1980-2021)

Abstract

The theory of endogenous growth allowed for an important dimension in the developing countries, which prompted the Algerian authorities to build an economic policy based on expanding public spending, in the field of interest in developing human capital in light of the recession crisis that resulted in the adoption of a contractionary monetary policy in the nineties of the last century. When studying the extent of the contribution of public spending on the higher education and scientific research sector to the impact on Algerian real economic growth during the period (1980-2021) using the NARDL model, we conclude that a shock to spending on the higher education sector has an impact on economic growth in a favorable banking and inflationary environment.