IDEAS home Printed from https://ideas.repec.org/a/chi/journl/v2y2013i4p13-20.html
   My bibliography  Save this article

Income elasticity of human development in ASEAN countries

Author

Listed:
  • Mark Fruin

    (Illinois State University)

  • Desi Peneva

    (Illinois State University)

  • Rati Ram

    (Illinois State University)

Abstract

Following the extensive literature on income (growth) elasticities of poverty in developing countries, this paper explores the magnitude of improvement in a country's human development as its per capita income increases. The response is measured in terms of the income elasticity of Human Development Index (HDI) published by United Nations Development Programme (UNDP). The group of ASEAN countries is studied, and the 20-year period 1990-2010 is covered. The main outcome of the exercise is that income elasticities of human development vary from a low of 0.20 to 0.25 for Cambodia, Malaysia, Myanmar, Singapore and Vietnam to a high of over 0.50 for Indonesia, indicating that there is a relatively huge variation in the rate at which income growth translates into human development even in this well-integrated group.

Suggested Citation

  • Mark Fruin & Desi Peneva & Rati Ram, 2013. "Income elasticity of human development in ASEAN countries," The Empirical Econometrics and Quantitative Economics Letters, Faculty of Economics, Chiang Mai University, vol. 2(4), pages 13-20, December.
    • Handle: RePEc:chi:journl:v:2:y:2013:i:4:p:13-20
    as

    Download full text from publisher

    File URL: http://www.jyoungeconomist.com/images/stories/EEQEL_V2_N4_December_2014_pp_013_020_Ram.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gustav Ranis & Frances Stewart, 2012. "Success and Failure in Human Development, 1970--2007," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 13(2), pages 167-195, May.
    2. Rati Ram, 2013. "Income elasticity of poverty in developing countries: updated estimates from new data," Applied Economics Letters, Taylor & Francis Journals, vol. 20(6), pages 554-558, April.
    3. World Bank, 2012. "World Development Indicators 2012," World Bank Publications - Books, The World Bank Group, number 6014.
    4. Chakrangi Lenagala & Rati Ram, 2010. "Growth elasticity of poverty: estimates from new data," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 37(12), pages 923-932, October.
    5. Jeeranan Techanan & Komsan Suriya, 2012. "Effect of income distribution on poverty reduction after the Millennium," The Empirical Econometrics and Quantitative Economics Letters, Faculty of Economics, Chiang Mai University, vol. 1(4), pages 169-179, December.
    6. World Bank, 2013. "World Development Indicators 2013," World Bank Publications - Books, The World Bank Group, number 13191.
    7. Dustin Chambers & Shatakshee Dhongde, 2011. "A Non‐Parametric Measure Of Poverty Elasticity," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 57(4), pages 683-703, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. durongkaveroj, wannaphong, 2014. "Growth or development: experience from Latin America," MPRA Paper 54481, University Library of Munich, Germany, revised 16 Mar 2014.
    2. Wang, Zhaohua & Bui, Quocviet & Zhang, Bin & Nawarathna, Chulan Lasantha K. & Mombeuil, Claudel, 2021. "The nexus between renewable energy consumption and human development in BRICS countries: The moderating role of public debt," Renewable Energy, Elsevier, vol. 165(P1), pages 381-390.
    3. Wang, Zhaohua & Bui, Quocviet & Zhang, Bin, 2020. "The relationship between biomass energy consumption and human development: Empirical evidence from BRICS countries," Energy, Elsevier, vol. 194(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Maxim Pinkovskiy & Xavier Sala-i-Martin, 2014. "Africa is on time," Journal of Economic Growth, Springer, vol. 19(3), pages 311-338, September.
    2. Baurzhan, Saule & Jenkins, Glenn P., 2016. "Off-grid solar PV: Is it an affordable or appropriate solution for rural electrification in Sub-Saharan African countries?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1405-1418.
    3. Stefan Thewissen & Olaf Vliet & Chen Wang, 2018. "Taking the Sector Seriously: Data, Developments, and Drivers of Intrasectoral Earnings Inequality," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 138(3), pages 1023-1048, August.
    4. Brücker, Herbert & Bertoli, Simone & Fernández-Huertas Moraga, Jesús, 2013. "The European Crisis and Migration to Germany: Expectations and the Diversion of Migration Flows," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79693, Verein für Socialpolitik / German Economic Association.
    5. Luis Rosero-Bixby & William H. Dow & David H. Rehkopf, 2013. "The Nicoya region of Costa Rica: a high longevity island for elderly males," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 11(1), pages 109-136.
    6. Debashis Chakraborty & Sacchidananda Mukherjee, 2013. "Fiscal Subsidies and Environmental Sustainability: What does the Cross-country Empirical Estimates Suggest?," Foreign Trade Review, , vol. 48(3), pages 383-397, August.
    7. Katarzyna Burzynska & Olle Berggren, 2015. "The Impact of Social Beliefs on Microfinance Performance," Journal of International Development, John Wiley & Sons, Ltd., vol. 27(7), pages 1074-1097, October.
    8. Peter W. Daniels & Pengfei Ni, 2014. "Urbanisation and changes in the sectoral structure of economic development: the scale of the manufacturing sector in Chinese cities and the shift towards service industry," Working Papers hal-00943972, HAL.
    9. Anna Marie Dyhr Ulrich & Svend Hollensen & Britta Boyd, 2014. "Entry Mode Strategies into the Brazil, Russia, India and China (BRIC) Markets," Global Business Review, International Management Institute, vol. 15(3), pages 423-445, September.
    10. Kanslime, Monica K. & Karanja, Daniel K. & Alokit, Christine & Ochieng, Justus, 2018. "Derived demand for African indigenous vegetable seed: implications for farmer-seed entrepreneurship development," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(6), July.
    11. Shahbaz, Muhammad & Solarin, Sakiru Adebola & Mahmood, Haider & Arouri, Mohamed, 2013. "Does financial development reduce CO2 emissions in Malaysian economy? A time series analysis," Economic Modelling, Elsevier, vol. 35(C), pages 145-152.
    12. Umbreen IFTEKHAR & Dawood MAMOON & Muhammad S. HASSAN, 2017. "How Government Policy and Demographics affect Money Demand Function in Bangladesh," Turkish Economic Review, KSP Journals, vol. 4(1), pages 66-74, March.
    13. Roberto Ricciuti & Antonio Savoia & Kunal Sen, 2019. "What determines administrative capacity in developing countries?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(5), pages 972-998, October.
    14. Patrick Guillaumont & Phu Nguyen‐Van & Thi Kim Cuong Pham & Laurent Wagner, 2023. "Equal opportunity and poverty reduction: How should aid be allocated?," Review of Development Economics, Wiley Blackwell, vol. 27(1), pages 550-607, February.
    15. Ebenezer Adesoji Olubiyi, 2014. "Trade, Remittances and Economic Growth in Nigeria: Any Causal Relationship?," African Development Review, African Development Bank, vol. 26(2), pages 274-285, June.
    16. Bluhm R & Crombrugghe D.P.I. de & Szirmai A., 2013. "The pace of poverty reduction - A fractional response approach," MERIT Working Papers 2013-051, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    17. Martins Iyoboyi & Olarinde Muftau O & Abdulsalam S. Ademola, 2016. "The Institutional and Policy Environment and the Quest for Industrialization in Nigeria," Journal of Economics and Behavioral Studies, AMH International, vol. 8(2), pages 13-25.
    18. Kundu, Nobinkhor & Mollah, Muhammad Musharuf Hossain, 2014. "Empirical Approaches to the Post-Keynesian Theory of Demand for Money: An Error Correction Model of Bangladesh," MPRA Paper 65727, University Library of Munich, Germany, revised 14 Oct 2014.
    19. Kent Matthews, 2014. "Cost Inefficiency in the Pakistan Banking Sector 2002-2009," SBP Research Bulletin, State Bank of Pakistan, Research Department, vol. 10, pages 1-20.
    20. Bandyopadhyay, Subhayu & Lahiri, Sajal & Younas, Javed, 2015. "Financing growth through foreign aid and private foreign loans: Nonlinearities and complementarities," Journal of International Money and Finance, Elsevier, vol. 56(C), pages 75-96.

    More about this item

    Keywords

    Human development; income growth; income elasticity of human development; ASEAN Journal: The Empirical Econometrics and Quantitative Economics Letters;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:chi:journl:v:2:y:2013:i:4:p:13-20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Komsan Suriya (email available below). General contact details of provider: https://edirc.repec.org/data/fecmuth.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.