Advertisement

The Impacts of Education on the Sustainable Development in United Arab Emirates: A Simultaneous Equations Approach

  • Akram Masoud HaddadEmail author
Conference paper
  • 5 Downloads
Part of the Advances in Science, Technology & Innovation book series (ASTI)

Abstract

The United Arab Emirates (UAE) is an Asian country that consists of seven emirates. UAE is the eighth largest oil producer in the world which is the main source used for development. UAE is a member of the Gulf Cooperation Countries (GCC) council. UAE is one of the world’s most open and successful economies. UAE maintains a free-market economy and is one of the most politically stable and secure in the region. All together ensures that UAE has a robust competitive edge since it is the region’s premier commercial hub and the second largest economy. In addition, this economic environment encourages the establishment of private universities and branches of well-known foreign universities in UAE. In this study, the impact of education on the sustainable economic development is measured by human development index (HDI) using simultaneous equations approach of two equations. The results show that there are more than one million students enrolled in primary and secondary schools and more than 60 thousand enrolled in territory education in more than 561 programs distributed over 70 institutions, around 40% of them are noncitizens. The regression results show that there are impacts of education on the sustainable economic development at UAE. These results emphasize the role of education in creating sustainable development in UAE, in particular, as well as the rational policy of the UAE and confirm the results of other studies.

Keywords

Human development index Education United Arab Emirates Sustainable development 

References

  1. Akinwale, Y. O., & Grobler, W. C. (2019). Education, openness and economic growth in south africa: Empirical evidence from vecm analysis. Journal of Developing Areas, Tennessee State University, College of Business, 53(1), 51–64.Google Scholar
  2. Blewitt, J. (2015). Understanding sustainable development (2nd ed.). London: Routledge. ISBN 9780415707824. Retrieved November, 26, 2017.Google Scholar
  3. Cooray, A. V. (2009). The role of education in economic growth. In Proceedings of the 2009 Australian Conference of Economists (pp. 1–27). Adelaide, Australia: South Australian Branch of the Economic Society of Australia.Google Scholar
  4. Ding, M. A. (2017). A Review of studies on the mechanisms of how education affects economic growth. Renmin University of China Education Journal 2017–01.Google Scholar
  5. Haddad, A. M. (2018). The impacts of the inwards and outwards FDI on the development measured by HDI: The case of United Arab Emirate. International Journal of Economics And Financial Issues, 8(4), 2018.Google Scholar
  6. Jali, A., & Idrees, M. (2013). Modeling the impact of education on the economic growth: Evidence from aggregated and disaggregated time series data of Pakistan. Economic Modelling, 31(2013), 383–388.CrossRefGoogle Scholar
  7. Kahle, L. R., & Gurel-Atay, E. (Eds.). (2014). Communicating sustainability for the green economy. New York: M.E. Sharpe. ISBN 978-0-7656-3680-5.Google Scholar
  8. Kotásková, S. K., Petr, P., Luboš, S., Mansoor, M., Elena, K., Markéta, K., et al. (2018). The impact of education on economic growth: The case of India. Acta Universitatis Agriculturae Et Silviculturae Mendelianae Brunensis, 66(1), 0253–0262.CrossRefGoogle Scholar
  9. Mallick, L., Das, P. K., & Pradhan, K. C. (2016). Impact of educational expenditure on economic growth in major Asian countries: Evidence from econometric analysis. Theoretical and Applied Economics, XXIII, 2(607), 173–186.Google Scholar
  10. Ministry of Education (2018) website www.moe.ae.
  11. Nowak, A. Z., & Dahal, G. (2016). The contribution of education to economic growth: Evidence from Nepal. International Journal of Economic Sciences, 5(2), 22–41.Google Scholar
  12. Odit, M. P., Dookhan, K., & Fauzel, S. (2010). The impact of education on economic growth: The case of mauritius. International Business & Economics Research Journal, 9(8), 141.Google Scholar
  13. Pribac, L., & Anghelina, A. (2015). Human capital—The effects of education on economic growth within the European Union. Studia Universitatis “Vasile Goldis” Arad. Economics Series, 25(3), 35–44. ISSN 1584-2339. publicatii.uvvg.ro/index.php/studiaeconomia.
  14. Pritchett, L. (2001). Where has all the education gone? World Bank Economic Review, 15(3), 367–391.CrossRefGoogle Scholar
  15. Robert, K. W., Parris, T. M., & Leiserowitz, A. A. (2005). What is sustainable development? Goals, indicators, values, and practice. Environment: Science and Policy for Sustainable Development, 47(3), 8–21. http://www.heldref.org/env.php.
  16. Shaker, R. R. (2015). The spatial distribution of development in Europe and its underlying sustainability correlations. Applied Geography, 63, 304–314.  https://doi.org/10.1016/j.apgeog.2015.07.009pg305.CrossRefGoogle Scholar
  17. Teixeira, A. A. C., & Fortuna, N. (2004). Human capital, innovation capability and economic growth in Portugal, 1960–2001. Portugal Economic Journal, 3.Google Scholar
  18. The Federal Competitiveness and Statistics Authority (FCSA). (2019). Opens data in UAE website. UAE: Ministry of Education. https://www.moe.gov.ae/en/Pages/home.aspx, https://fcsa.gov.ae/ar-ae/Pages/home.aspx.
  19. UNDP. (2016). Human development report technical notes. http://hdr.undp.org/sites/default/files/hdr2015_technical_notes.pdf.
  20. Zhu, T.-T., Peng, H., & Zhang, Y. J. (2018). The influence of higher education development on economic growth: evidence from central China. Higher Education Policy, 31(2), 139–157.Google Scholar

Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.American UniversityDubaiUAE

Personalised recommendations