Al-Yousif, Yousif Khalifa - In: Journal of Developing Areas 42 (2008) 1, pp. 69-80
This paper examines the nature and direction of the relationship between education expenditure as a proxy for human capital and economic growth in the six GCC economies using time-series data for the period 1977-2004. The analysis employs a Granger-causality test within an error-correction...