Investing in Education Boosts Productivity and Economic Growth in Cameroon!
The article examines how education and innovation impact economic growth in Cameroon. It focuses on how human capital, particularly higher education, influences productivity growth. The researchers used a model to analyze the effects of human capital on productivity, measured by Total Factor Productivity. They found that increasing human capital in Cameroon can significantly boost productivity, with foreign investments playing a crucial role in this relationship. Specifically, a 1% increase in human capital can lead to a 28.5% improvement in productivity.