Table 7.

The effect of human capital on economic development in Africa (Periods; 2017, 2018 and 2020)

	(1)	(2)	(3)	(4)	(5)
Quantiles	0.10	0.25	0.50	0.75	0.90
Variables	GDP	GDP	GDP	GDP	GDP
Human capital index	3.227***	2.764***	1.667**	2.314***	2.466***
	(0.472)	(0. 448)	(0. 423)	(0. 572)	(465)
Control variables	Yes	Yes	Yes	Yes	Yes
Observations	66	66	66	66	66
Female human capital	2.081***	0. 607*	0.692*	2.196**	2.081***
	(0.462)	(0. 322)	(0.301)	(0.624)	(0.472)
Control variables	Yes	Yes	Yes	Yes	Yes
Observations	53	53	53	53	53
Male human capital	3.149***	0.537	0.466	1.035*	3.149***
	(0.589)	(0.371)	(0.333)	(0.559)	(0.589)
Control variables	Yes	Yes	Yes	Yes	Yes
Observations	52	52	52	52	52

Standard errors in parentheses

***P < 0.01, **P < 0.05, *P < 0.1