ppjp.ulm.ac.id Open in urlscan Pro
103.23.232.70  Public Scan

Form analysis
3 forms found in the DOM

POST https://ppjp.ulm.ac.id/journals/index.php/jee/login/signIn

<form method="post" action="https://ppjp.ulm.ac.id/journals/index.php/jee/login/signIn">
  <table>
    <tbody>
      <tr>
        <td><label for="sidebar-username">Username</label></td>
        <td><input type="text" id="sidebar-username" name="username" value="" size="12" maxlength="32" class="textField"></td>
      </tr>
      <tr>
        <td><label for="sidebar-password">Password</label></td>
        <td><input type="password" id="sidebar-password" name="password" value="" size="12" class="textField"></td>
      </tr>
      <tr>
        <td colspan="2"><input type="checkbox" id="remember" name="remember" value="1"> <label for="remember">Remember me</label></td>
      </tr>
      <tr>
        <td colspan="2"><input type="submit" value="Login" class="button"></td>
      </tr>
    </tbody>
  </table>
</form>

#

<form action="#">
  <label for="languageSelect">Select Language</label>
  <select id="languageSelect" size="1" name="locale" class="selectMenu">
    <option label="English" value="en_US" selected="selected">English</option>
    <option label="Bahasa Indonesia" value="id_ID">Bahasa Indonesia</option>
  </select>
  <input type="submit" class="button" value="Submit" onclick="changeLanguage(); return false;">
</form>

https://ppjp.ulm.ac.id/journals/index.php/jee/article/search

<form id="simplesearchForm" action="https://ppjp.ulm.ac.id/journals/index.php/jee/article/search">
  <table id="simpleSearchInput">
    <tbody>
      <tr>
        <td>
          <label for="simpleQuery">Search <br>
            <input type="text" id="simpleQuery" name="simpleQuery" size="15" maxlength="255" value="" class="textField"></label>
        </td>
      </tr>
      <tr>
        <td><label for="searchField"> Search Scope <br>
            <select id="searchField" name="searchField" size="1" class="selectMenu">
              <option label="All" value="query">All</option>
              <option label="Authors" value="authors">Authors</option>
              <option label="Title" value="title">Title</option>
              <option label="Abstract" value="abstract">Abstract</option>
              <option label="Index terms" value="indexTerms">Index terms</option>
              <option label="Full Text" value="galleyFullText">Full Text</option>
            </select></label>
        </td>
      </tr>
      <tr>
        <td><input type="submit" value="Search" class="button"></td>
      </tr>
    </tbody>
  </table>
</form>

Text Content

 * Editor-in-chief

 

Dr. Ananda Setiawan

 * EDITORIAL BOARD
 * PEER REVIEWERS
 * AUTHOR GUIDELINES
 * SUBMISSION GUIDE
 * PUBLICATION ETHICS
 * FOCUS AND SCOPE
 * ONLINE SUBMISSION
    * PEER REVIEW PROCESS
    * AUTHOR FEES
    * JOURNAL HISTORY
    * CONTACT







 * JEE is Nationally Accredited by Kemendikbudristek



 * MANAGEMENT TOOLS

  

 * CROSSREF



 * MAP



User

Username Password Remember me

Keywords Children College student Commerce on tiktok Consumption behavior
Cooperative farming model Creative industry Economic growth Employment Exports
Gapoktan, Rice farmers Indigenous value Internalization Online shopping
Remittances, Economic growth and development, Migrants’ remittance, Worker’s
remittances, Nigeria SMEs Social media engagement Social sciences subject
Technology acceptance Model Use of facebook, Student learning outcomes education
hasil belajar
Open Journal Systems
Language
Select Language English Bahasa Indonesia
Journal Content

Search
Search Scope
All Authors Title Abstract Index terms Full Text


Browse
 * By Issue
 * By Author
 * By Title
 * Other Journals

Journal Help
Notifications
 * View
 * Subscribe

Font Size





 * Home
 * About
 * Login
 * Register
 * Search
 * Current
 * Archives
 * Announcements

Home > Vol 5, No 2 (2024) > Mbewe


IMPACT OF HIGHER EDUCATION ON ECONOMIC GROWTH: A VECTOR ERROR CORRECTION
ANALYSIS IN MALAWI

Gift Mbewe


ABSTRACT


This study examined the impact of higher education on economic growth in Malawi
from 1995 to 2021. The study contributes to existing literature by providing
more recent evidence and as well contributes to the debate on whether higher
education has a positive or negative impact on economic growth in a developing
country like Malawi. Empirical studies have so far yielded inconclusive results.
The time series variables were tested to find out its order of integration using
Dickey Fuller and the series were all non-stationary at level but became
stationary after first difference. The study employed cointegration and evidence
of cointegration of higher education and economic growth was established.
However, Vector Error Correction Model estimates showed that there is negative
long run relationship between higher education and economic growth. Thus, the
government and other relevant education stakeholders should strive to increase
enrollment in tertiary institutions so that it yields significant impact on
economic output.


KEYWORDS


Higher Education; Economic Growth; Malawi; Vector Error Correction Mode


REFERENCES


Alsanousi, A. (2017). The effect of higher education quality on economic growth
in Libya. International Journal of Academic Research in Business and Social
Sciences, 7(3), 139-149.

Adawo, M. (2011). Has education (human capital) contributed to the economic
growth of Nigeria? Journal of Economics and International Finance. 3(1), 46-58.
http://dx.doi.org/10.6007/IJARBSS/v7-i3/2706

Bakare, A. (2006). The growth implications of human capital investment in
Nigeria: an empirical study. Journal of economics and social studies, 110-125.

Barro, R & Sara-i, M. (1995). Economic growth. Mc Grall-Hill

Bloom, D., Canning, D., Chan, K., & Luca, D. (2014). Higher Education and
Economic Growth in Africa. International Journal of African Higher Education,
1(1). https://doi.org/10.6017/ijahe.v1i1.5643

Bouhajeb, Mabrouka; Mefteh, Haifa; Ben Ammar, Rania. (2018). Higher education
and economic growth: The importance of innovation. Atlantic Review of Economics,
1(2)

Cortright, J. (2001). New Growth Theory, Technology and Learning: A practical
guide. Reviews of Economic development Literature and Practice, no.4, US
Economic development

Cooray, A. (2009). The role of education in economic growth. [Paper
presentation] Australia conference of economists, Adelaide, Australia.

Dwight H. (2006). Economics of Development, Norton administration.

Fonkeng, G. & Ntembe,A. (2009). Higher education and economic development in
Africa: The case of Cameroon. Educational Research and Review, 4 (5), 231-246

Glewwe, P., Maïga, E. & Zheng, H. “The Contribution of Education to Economic
Growth: A Review of the Evidence, with Special Attention and an Application to
Sub-Saharan Africa.”, World Development, 59, 379-393.

Gonzalo, j. (1994). Five alternative methods of estimating long run
relationships. Journal of econometrics, 86(1):129-154.
Doi:10.1016/0304-4076(94)90044-2

Hanif, N. & Arshed, N. (2016). Relationship between School Education and
Economic Growth: SAARC Countries. International Journal of Economics and
Financial Issues, 6(1), 294-300.

Hamdan A., Sarea A. & Khamis, R. (2020). Causality analysis of the link between
higher education and economic development: Empirical evidence. Heliyon, 6(6).
https://doi.org/10.1016/j.heliyon.2020.e04046.

Johansen, S. (1991). Estimation and hypothesis testing of cointegration vectors
in Gaussian vector models. Econometrical journal of the econometric society,
59(6), 1551-1580. Doi:102307/2938278

Isola, A., & Alani, A. (2011). Human capital development and economic growth:
empirical evidence from Nigeria. Asian economic and financial review, 2(7),
813-827

Gyimah-Brempong, K., Paddison, O & Mitiku, W. (2006). Higher education and
economic growth in Africa. The Journal of Development Studies, 42 (3), 509-529,
DOI: 10.1080/00220380600576490

Kayange, A. (2021). Crisis for Higher Education Enrollment in Malawi.
International Journal for economics (IJI), 14(1).

Khorasgani Mahdi Fadaee. (2008). Higher education development and economic
growth in Iran. Educ. Bus. Soc. Contemp. Middle E. Issues. 1(3):162–174.

Kotásková, S., Procházka, P., Smutka, L., Maitah, M., Kuzmenko, E., Kopecká, M.,
& Hönig, V. (2018). "The Impact of Education on Economic Growth: The Case of
India, 66(1), 253-262.

Omodero, C & Kanalechi, N. (2020). Higher Education and Economic Growth of
Nigeria: Evidence from Co-integration and Granger Causality Examination.
International Journal OF Higher Education, 9(3), 173-182.

Serrano, L., & Soler, A. (2018). Higher education institutions, economic growth
and GDP per capita in European Union countries. European Planning Studies,
26(8), 1616-1637, DOI: 10.1080/09654313.2018.1480707

Pegkas, P. (2014). The link between educational levels and economic growth: a
neoclassical approach for the case of Greece. International Journal of Applied
Economics, 11(2): 38–54.

Pereira, J. and St Aubyn, M. (2009) ‘What level of education matters most for
growth? Evidence from Portugal’. Economics of Education Review, 28(1): 67–73.

Pimar, B. (2022). Impact of education expenditure on economic growth in Uganda.
Master’s Thesis, Makerere University.

Psacharopoulos G., Patrinos H. (2004). Returns to Investment in Education: A
Further Update. Education Economics. 12(2):111–134.

Mankiw, G, Romer, D. & Weil, D. (1992). A contribution to economic growth.
Quarterly Journal of Economics. 107(2):407-37

Mambo, M, Mecky, M, Tanaka, N, Salmi, J. (2016). Improving Higher Education in
Malawi for Competitiveness in the Global Economy. World Bank group. Improving
Higher Education in Malawi for Competitiveness in the Global Economy
http://dx.doi.org/10.1596/978-1-4648-0798-5

Mabroker, Haifa& Rania (2018). Higher education and economic growth: the
importance of innovation. Atlantic Review of Economics, 1(1).

Milanzi, S & Mongale, I. (2018). Human capital investments contribution towards
economic growth in Malawi. [Paper presentation]. 3rd annual international
conference on public administration and development alternatives, Stellenbosch,
South Africa.

Ministry of education. (2021). Education statistics. Republic of Malawi

Mudaki, J & Masaviru, W. (2012). Does composition of public expenditure matter
to economic growth in Kenya. Journal of economics and sustainable development,
12(3).

Nanyanzi (2020). Impacts of Higher Education Enrollment on Economic Growth in
Uganda. Master’s thesis: Ritsumeikan Asia Pacific University

Omondi, S. (2013). Effects of education on economic growth in Kenya. Master’s
thesis: University of Nairobi

Serifoglu, M, Guney, P. (2022). The effects of different fields of tertiary
education to economic growth. Review of economic analysis, 14(1).

World Bank. (2023). World bank overview. www.worldbank.org




DOI: https://doi.org/10.20527/jee.v5i2.7074



REFBACKS

 * There are currently no refbacks.



 

JEE has been Accredited by:






JEE has been Indexed/Abstracted/Listed by:

 

 

 

 

 

 

Managed by:



PROGRAM STUDI PENDIDIKAN EKONOMI
FAKULTAS KEGURUAN DAN ILMU PENDIDIKAN
UNIVERSITAS LAMBUNG MANGKURAT

Jl. Brigjend H. Hasan Basry, Kampus ULM Banjarmasin, Kota Banjarmasin, Kecamatan
Banjarmasin Utara, Provinsi Kalimantan Selatan, Indonesia, 70123

  

Journal License:


Journal of Economics Education and Entrepreneurship is licensed under a Creative
Commons Attribution-NonCommercial-NoDerivatives 4.0 International License