Contribution of Teachers’ Qualification Level on Employability in African Economies, through Econometric Estimation of the Generalized Method of Moments, 2016–2020 — A Secondary Publication
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Keywords

Autocorrelation
Teacher qualifications
Unemployment
Employability
Generalized method of moments

DOI

10.26689/ssr.v6i5.7059

Submitted : 2024-05-19
Accepted : 2024-06-03
Published : 2024-06-18

Abstract

Both education and its quality supply are closely linked to employability and labour productivity. The present study aimed to analyze the contribution of the level of teacher qualification on the employability variable in African economies, for the period 2016–2020. Regarding the methodology, a quantitative analysis of the data was conducted through the Generalized Method of Moments in Differences, two stages and with standard error correction. Based on the results, it was possible to determine the existence of a negative, inverse and significant relationship between the degree of qualification of teachers on the unemployment rate; therefore, it could be concluded that a higher level of qualification of teachers has a direct contribution on the increase in the levels of employability for the African business sector. Through the results of Hansen’s Test (P-value = 0.540), the validity of the model’s specificity in terms of instrument utilization was tested. Based on the first (P-value = 0.009) and second order (P-value = 0.148) autocorrelation tests, the validity of the consistency of the Generalized Method of Moments econometric estimators in differences, two stages and with corrected standard errors was tested.

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