The impact of human capital development on achieving economic growth in the Iraqi economy for the period (2000-2024)

Abstract

 In order to identify the relationship between human capital development and its contribution to Iraqi economic growth for the period (2004-2024), this study attempted to measure the relationship through a standard model between human capital development and economic growth. It was found that there is a bidirectional causal relationship between human capital development expressed (years of teaching, return on education, health) and the economic growth rate. As for the other determinants of economic growth included in the study (total labor force, gross fixed capital formation), they all took the theoretically expected signs and were significant at the 1% level. The study recommended that the economic growth rate plays a significant role in building the level of development and quality of human capital. By allocating GDP resources to sectors that directly affect human capital, especially education and health, this leads to an inverse causal relationship.