scholarly journals Impact of human capital on economic growth: A case study of Pakistan

2021 ◽  
Vol 2 (2) ◽  
pp. 64-69
Author(s):  
Raheela Khatoon ◽  
Iqbal Javed ◽  
Muhammad Munawar Hayat

A country is prosperous if it has efficient development programs. Human capital contains resources like education, health, training, skills etc. For economic progress these qualities are very vital. Basic objective of this research is to explain the impact of human capital on growth and development of economics sector of the Pakistan. Because today in the developing countries, human development and growth has becomes the burning issues. To analyse the association between human capital and economic growth, used GDP as a dependent variable. This study further use Human development index as independent variable. Proxy of human development index consist of education index, health, fertility, infant mortality, life expectancy and sanitation. Our focus will be more on the education. Time series data for the years 1990-2019 were used. ARDL model was used by incorporating the human capital formation with other explanatory variables. The findings shows that the human capital has positive and significant impact on growth and the negative influence on the population and infant mortality rate.

2020 ◽  
Vol 7 (1) ◽  
pp. 585-594
Author(s):  
Muammar Rinaldi ◽  
Zainal Arifin ◽  
Indra Maipita ◽  
Saidun Hutasuhut

This study aims to analyze the effect of capital expenditure and economic growth simultaneously on the Human Development Index (HDI) in districts/cities in North Sumatra. This type of research is a descriptive-quantitative approach that suppresses its analysis of numerical data that is processed by the statistical method. Sources of data in this study were taken from the Central Bureau of Statistics of North Sumatra for the HDI data. The sample in this study is all districts/cities in North Sumatra for the period 2013-2017. The data analysis technique used in this study uses panel data regression with Eviews 7 because, in this study, there are characteristics of cross-section and time-series data simultaneously. The results of this study indicate that capital expenditure partially has a positive and significant effect on the Human Development Index in districts/cities in North Sumatra. Economic growth partially has a positive and significant effect on the HDI in districts/cities in North Sumatra, and capital expenditure and economic growth have a positive and significant effect simultaneously on the Human Development Index in districts/cities in North Sumatra.


2020 ◽  
Vol 39 (1) ◽  
Author(s):  
Adiqa Kiani ◽  
Noor Mohammad ◽  
Raheem Bux Soomro

The main objective of the study is to explore the short and long run relationship of globalization and human development index for 34 years during 1980 to 2014. In order to analyze economic, social and political dimensions of globalization separately for Pakistan economy. The time series data compiled from various sources including UNDP annual Human Development Reports, SPDC Social Development report, Pakistan Review 2005-06, World Bank and KOF. A semi-log model was used to explain the relationship, whereas some other models were also used to test the mobility of the variables. The test applied is ADF test and on the basis of ADF test results, the ARDL method of co integration was used to test long run impact of all independent variables on human development index. From the findings, we may conclude that globalization overall and social, political and economic globalization have positive impact on human development index for Pakistan, whereas some control variables like population density effects positively, and greenhouse gas emissions significantly and negatively affect the globalization. It is suggested that in order to improve the globalization, it is mandatory to focus on indirect effects of globalization and make necessary plans to reduce such emissions.


2019 ◽  
Vol 8 (2) ◽  
pp. 96-107
Author(s):  
Rahma Wardana Putri ◽  
Junaidi Junaidi ◽  
Candra Mustika

This study deals with the effect of economic growth, Human Development Index (HDI) and population density on the poverty levels of districts/cities in Jambi Province in 2013-2017. The type of data used in this study are combined secondary data from time series data and cross section data from 2013-2017. The data used is obtained from the official website of the Central Statistic Agency of Jambi Province. The analytical method used is panel data regression analysis. The result showed that the variabels of economic growth and population density had a siginificant effect on the poverty level of districts/cities in Jambi Province in 2013-2017. The coefficient of determination is 0.982702, which means that the independent variabels of economic growth, Human Developmet Index (HDI) and population density affect 98.27% of the dependent variabels of poverty in districts/cities in Jambi Province. Simultaneous test results (F test), show taht economic growth, Human Development Index (HDI) and population density simultaneously have a significant effect on the poverty level of districts/cities in Jambi Province. Keywords: Economic Growth, Human Development Index (HDI), Population Density, Poverty Level.


2021 ◽  
Vol 39 (2) ◽  
Author(s):  
Adiqa Kiani ◽  
Noor Mohammad ◽  
Raheem Bux Soomro

The main objective of the study is to explore the short and long run relationship of globalization and human development index for 34 years during 1980 to 2014. In order to analyze economic, social and political dimensions of globalization separately for Pakistan economy. The time series data compiled from various sources including UNDP annual Human Development Reports, SPDC Social Development report, Pakistan Review 2005-06, World Bank and KOF. A semi-log model was used to explain the relationship, whereas some other models were also used to test the mobility of the variables. The test applied is ADF test and on the basis of ADF test results, the ARDL method of co integration was used to test long run impact of all independent variables on human development index. From the findings, we may conclude that globalization overall and social, political and economic globalization have positive impact on human development index for Pakistan, whereas some control variables like population density effects positively, and greenhouse gas emissions significantly and negatively affect the globalization. It is suggested that in order to improve the globalization, it is mandatory to focus on indirect effects of globalization and make necessary plans to reduce such emissions.


2018 ◽  
Vol 18 (2) ◽  
pp. 97-105
Author(s):  
Uray Hety Humaira ◽  
Jaka Nugraha

Development in the country is growing including in the West Borneo Province. However in 2015, the achievement of human development at the National level is quite low, while the District and City varied considerably. Human Development Index is one of the parameter for human development that are affected by many factors. In this paper, analysis for identify the factors for human development index in West Kalimantan Province by using Regression Analysis was conducted. Regression was based on time series data from 2012 until 2015. It is found that Fixed Effect Model is the best regression model with the R2 of 0.99853%. The influencing variables are Life Expectancy (AHH), Adjusted Per Capita (Expenditure), School Average (RLS), School Expectation (HLS), and Gross Regional Domestic Product at Constant Price (GRDP).


2021 ◽  
Vol 7 (18) ◽  
pp. 15-22
Author(s):  
Chuwuemeka Ogugua AGBO ◽  

This study aims to examine the impact of human capital on economic growth in Nigeria. Despite all effort to improve education condition in Nigeria, there hasn’t been much encouraging improvement. This has caused a large number of the population to move abroad for studies. Most conducive tertiary institutions are owned by private individuals, the government owned universities have been overlooked and recklessly abandoned. In this study OLS multiple regression was adopted to analyze the time series data for the period of 1985-2018 to test if Average Year of Schooling (AVYS), Private Investment in Telecommunication (PIT), Capital Expenditure on Education (CEE), and Recurrent Expenditure on Education (REE) have an impact on growth in Nigeria or not. The data was derived from CBN statistical Bulletin (2018). Result showed that all the four explanatory variables have significant impact on Economic growth. However, it is therefore important for government to increase education budget annually.


2019 ◽  
Vol 20 (1) ◽  
pp. 26
Author(s):  
Akhlis Priya Pambudy ◽  
Muhamad Imam Syairozi

The purpose of economic development is to improve public welfare. Many factors influenceeconomic growth, including sustainable development. This study is aimed to analyze the impactof capital expenditure and private investment on economic growth of the regency/municipalduring the period of 2010-2015 as well as the impact of economic growth on public welfareproxied by the human development index figures. Using WarpPLS, used purposive samplingmethode, testing is done for the 415 autonomous regional and 93 autonomous municipalsin Indonesia using time series data 2010-015. The results of this study shows that capitalexpenditure positively effect economic growth as well as private investment has positive effecton economic growth. Furthermore, the economic growth has been proven to improve publicwalfare.Keywords: capital expenditure, private investment, economic growth, public welfare


2020 ◽  
Vol 9 (1) ◽  
pp. 34
Author(s):  
Ulfa Maulina ◽  
Devi Andriyani

This study aims to determine the effect of government spending of education sector, health and level of labor force participation on human development index in Indonesia. This study used time series data from 2005 to 2019. The method of data analysis uses multiple regression analysis. The results of partially show that government expenditure of education sector has a negative and significant effect on human development index in Indonesia, government spending of health sector has a positif and significant effect on human development index in Indonesia, and the level of labor participation has a positive but insignificant effect on human development index in Indonesia. Simultaneously, government spending of education sector, health, and level of labor participation have a positive and significant effect on the human development index in Indonesia.


Author(s):  
Rabeya Basri ◽  

This paper tries to seek out the correlation between renewable energy use, real GDP, and HDI in addition to trade openness, urbanization, and environmental aspects in the case of Bangladesh during the phase of 1990-2015. In persuasion of the objective, time-series data of the given period is analyzed by means of the 2SLS approach. We also apply the VECM Granger causality technique in order to find the underlying relationship between the given variables. Findings of the study suggest that real GDP, CO2 emissions, and use of renewable energy have positive consequences on the human development index while trade liberalization and urbanization have insignificant impacts on it. The study finds renewable energy use improves human development processes. Therefore, the government should emphasize on renewable energy production and the use of renewable energy.


SAGE Open ◽  
2020 ◽  
Vol 10 (4) ◽  
pp. 215824402098331
Author(s):  
Mercy. T. Musakwa ◽  
N. M. Odhiambo

In this study, we investigate the impact of remittance inflows on poverty reduction in South Africa, using time series data from 1980 to 2017. The main objective of this study is to establish whether South Africa can harness remittance inflows to alleviate poverty. Two poverty proxies, namely household consumption expenditure and infant mortality rate, are used in this study. To ensure robustness of the results, both income and non-income proxies of poverty are employed. Using the autoregressive distributed lag (ARDL) bounds approach, the study found that remittance has a negative impact on poverty in the short run and in the long run when household consumption expenditure is used as a proxy for poverty. However, when the infant mortality rate is used as a proxy, remittance is found to have no impact on poverty. It can be concluded that the impact of remittance on poverty is sensitive to the proxy used. The study concludes that South Africa could benefit immensely from some forms of remittances in its quest to poverty alleviation.


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