Capital humain au Maroc: Evaluation fondée sur le revenu de la vie entière

Abdessamad Saidi, Sara Benazzi and Jawad El Othmani ()

No 2018-1, Document de travail from Bank Al-Maghrib, Département de la Recherche

Abstract: This working paper provides a measure of the human capital stock in Morocco in 1999 and 2012, by adopting the lifetime income approach (Jorgenson and Fraumeni, 1989, 1992a, 1992b). The results show that during the period 1999-2012, the stock of human capital rose at an annual average rate of 3% in real terms and remains the leading source of wealth in Morocco. This evolution is due, on the one hand, to the increase in the number of individuals in the working-age population and, on the other hand, to the relative improvement of their education level. However, the quality of the education and training system and the low employment rate remain the key challenges to be tackled in order to further increase human capital and maintain its position as the main source of wealth in Morocco. Finally, the estimations carried so far in this study have been enhanced by sensitivity analysis with respect to the data about salaries and the assumptions made about expected future income growth and its discount rate.

Keywords: Capital humain; Richesse globale; Approche du revenu de la vie entière. (search for similar items in EconPapers)
JEL-codes: C55 I30 J24 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2018-05-14
New Economics Papers: this item is included in nep-ara
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.bkam.ma/content/download/578177/6246647 ... Capital%2Bhumain.pdf Capital humain au Maroc: Evaluation fondée sur le revenu de la vie entière (application/pdf)
s.loukili@bkam.ma

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:bkamdt:2018_001

Access Statistics for this paper

More papers in Document de travail from Bank Al-Maghrib, Département de la Recherche Contact information at EDIRC.
Bibliographic data for series maintained by Département Recherche ().