Empirical analysis of the impact of education on total factor productivity: Case of the Republic of Congo

doi:10.3969/j.issn.1000-5641.202092115

Abstract

CLC Number:

F202

Jody Excellent BATANTOU-ALLAN, Qiang WANG, André MOULÉMVO, Christian Gatien PASSI BATANTOU. Empirical analysis of the impact of education on total factor productivity: Case of the Republic of Congo[J]. Journal of East China Normal University(Natural Science), 2020, 2020(S1): 57-61.

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References 11

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Variables	Level statistics	Critical value (5%)	Statistics in first difference	critical value	Decision
OPEN	–1.95	–2.931	–6.613	–2.933	I(1)
TFP	–2.72	–2.933	–4.270	–2.933	I(1)
FDI	–3.29	–2.931			I(0)
SCHO	–2.91	–2.938	–3.510	–2.935	I(1)

ARDL Bounds Test
Date: 09/20/19 Time: 14:54
Sample: 1974, 2013
Included observations: 40
Null Hypothesis: No. Long-run relationships exist
Test Statistic		Value	k
F-statistic		3.654903	3
Critical Value Bounds
Significance	10%	5%	2.5%	1%
I0 Bound	2.37	2.79	3.15	3.65
I1 Bound	3.20	3.67	4.08	4.66

Long Run Coefficients
Variable	Coefficient	Std. Error	t-Statistic	Prob.
OPEN	–0.000026	0.000204	–0.126334	0.9006
FDI	–0.000397	0.000682	–0.582468	0.5659
SCHO	0.001107	0.000420	2.633546	0.0148
C	–0.231260	0.029049	7.961094	0.0000

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Empirical analysis of the impact of education on total factor productivity: Case of the Republic of Congo

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