The Slow Economic Growth in Algeria: A Comparative Study with Respect to South Korea

dc.contributor.author	Bouznit M.
dc.contributor.author	Ferfera M.Y.
dc.contributor.author	del P. Pablo-Romero M.
dc.date.accessioned	2020-09-02T22:13:32Z
dc.date.available	2020-09-02T22:13:32Z
dc.date.issued	2015
dc.identifier	10.1111/1467-8268.12154
dc.identifier.citation	27, 4, 377-391
dc.identifier.issn	10176772
dc.identifier.uri	https://hdl.handle.net/20.500.12728/3774
dc.description	The slow growth of Algeria is analyzed in this paper, by comparing the economic growth between Algeria and South Korea, over the period from 1970 to 2010. Both countries were nearly at the same development level at the beginning of the 1960s. Nevertheless, the South Korean economy was ranked 15th in the world in 2010, while Algeria remained underdeveloped. The results obtained show that human capital and physical capital cause the economic growth in the two countries under study. However, the elasticities of productivity with respect to human and physical capital are higher in South Korea. Human capital elasticity in South Korea is two and a half times higher, whereas the physical capital elasticity is twice as high. © 2015 The Authors. African Development Review © 2015 African Development Bank
dc.language.iso	en
dc.publisher	Blackwell Publishing Ltd
dc.title	The Slow Economic Growth in Algeria: A Comparative Study with Respect to South Korea
dc.type	Article

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