DISAGGREGATED EDUCATION DATA AND GROWTH: SOME FACTS FROM TURKEY AND MENA COUNTRIES

This paper investigates the interaction between the economic growth and the education in MENA countries and Turkey. Following a brief outline of the theoretical discussions on the nexus between economic growth and human capital formation through education, first we present some observations for the MENA region. Rest of the paper devoted to the estimation result of the VAR model which is developed in order to study the interaction between education and economic growth in Turkey. The paper concludes that the efforts to improve the quality of education have significant contribution to the economic growth of the countries in the MENA region. We also found that all levels of education except high-technical schools and university level contribute the economic development in Turkey when the indicators of education quality are used