IDEAS home Printed from https://ideas.repec.org/a/eaa/aeinde/v21y2021i2_5.html
   My bibliography  Save this article

World Development For 1995-2020: Econometric Relationships Of Human Capital, Development, Quality Of Government And Life Satisfaction In 164 Countries

Author

Listed:
  • GUISAN, Maria-Carmen

Abstract

We analyze the evolution of real Gross Domestic Product, Population and Production per capita of the World, for a period of 25 years: 1995-2020, together with the evolution of Schooling, Fertility, Investment and their effects on Production per capita and, diminution of Poverty and increase in Health care expenditure and Life Expectancy. We also relate economic development, with three indicators of Quality of Life (Happiness, Quality of Government, Peace), and found some unilateral or bilateral relationships. We estimate several econometric relationships on the impact of Education on moderation of Fertility rates and its positive effects on the increase of Economic Development and on the indicators of Quality of Life: Happiness, Quality of Government and Peace. The main emphasis of our conclusions, regarding low income countries, is to increase support to Education and Investment. For all the countries (low, middle and high income) it is important to foster good levels of Happiness which is related with not only with economic development but also with Quality of Government and with Peace. Finally we comment on the perspectives, for year 2030 of sustainable development.

Suggested Citation

  • GUISAN, Maria-Carmen, 2021. "World Development For 1995-2020: Econometric Relationships Of Human Capital, Development, Quality Of Government And Life Satisfaction In 164 Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 21(2), pages 83-112.
    • Handle: RePEc:eaa:aeinde:v:21:y:2021:i:2_5
    as

    Download full text from publisher

    File URL: http://www.usc.es/~economet/reviews/aeid2125.pdf
    Download Restriction: No
    ---><---

    References listed on IDEAS

    as
    1. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2021. "Industry, Education, Development And Quality Of Life In African Countries, 1995-2020," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(2), pages 53-76.
    2. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2020. "Food, Agriculture, Production, Population And Poverty In The World, 2000-2017: Priorities For Sustainable Development," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 20(1), pages 137-150.
    3. Manoel Bittencourt, 2018. "Primary education and fertility rates : Evidence from Southern Africa," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 26(2), pages 283-302, April.
    4. Guisan, M.Carmen & Exposito, Pilar, 2002. "Economic Growth and Cycles in Asia and Africa in the 20th Century," Review on Economic Cycles, International Association of Economic Cycles, vol. 5(1), December.
    5. Guisan, M.C. & Exposito, P., 2010. "Health Expenditure, Education, Government Effectiveness and Quality of Life in Africa and Asia," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 10(1).
    6. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2020. "Co2 Total Emissions In The World, 1970-2015: Relationship With Economic Development And Population Growth," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 20(1), pages 141-152.
    Full references (including those not matched with items on IDEAS)

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. 47. World Development Reports 2021: The role of Education on economic development and quality of life
      by MCG Blogs de Economía in Euro-American Association: World Development on 2022-01-18 19:51:00
    2. 55. IDER. International Development Reports 2021-2024. Euro-American Association of Economic Development Studies
      by MCG Blogs de Economía in Euro-American Association: World Development on 2024-09-11 13:06:00

    Citations

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


    Cited by:

    1. C.E.S. WARBURTON, Ph.D., 2022. "Why Are They So Happy When Others Are So Unhappy? The Theology And Ethics Of Economic Development," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 22(1), pages 5-18.
    2. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2021. "Industry, Education, Development And Quality Of Life In African Countries, 1995-2020," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(2), pages 53-76.
    3. GUISAN, Maria-Carmen, 2022. "Quality Of Life In Countries And Regions Of Europe, America, Asia And Oceania: Subjective And Objective Indicators, 2000-2020," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 22(2), pages 5-36.
    4. EL BOUHADI, Abdelhamid & OUAHID, Driss & ELKHIDER, Abdelkader, 2022. "Impact Of Economic And Financial Openness On Domestic Inequality In Developing And Emerging Countries: A Panel Data Study Of 11 Countries For 1980-2016," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 22(2), pages 67-88.
    5. Emeka NKORO, Aham & Kelvin UKO, 2023. "Foreign Direct Investment And Inclusive Growth: The Role Of The Financial Sector Development In Nigeria, 1981-2020," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 23(1), pages 77-100.
    6. GUISAN, Maria-Carmen, 2022. "Life Satisfaction, Income, Security And Environment: An Interregional Econometric Model Of 372 Regions From Europe, America, Asia And Oceania In Year 2016," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 22(2), pages 25-48.

    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. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2021. "Industry, Education, Development And Quality Of Life In African Countries, 1995-2020," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(2), pages 53-76.
    2. GUISAN, Maria-Carmen, 2022. "Life Satisfaction, Income, Security And Environment: An Interregional Econometric Model Of 372 Regions From Europe, America, Asia And Oceania In Year 2016," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 22(2), pages 25-48.
    3. GUISAN, Maria-Carmen, 2022. "Quality Of Life In Countries And Regions Of Europe, America, Asia And Oceania: Subjective And Objective Indicators, 2000-2020," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 22(2), pages 5-36.
    4. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2020. "Food, Agriculture, Production, Population And Poverty In The World, 2000-2017: Priorities For Sustainable Development," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 20(1), pages 137-150.
    5. Susana HERRERO-OLARTE & Mateo LOAIZA, 2021. "Structural Or Conjunctural Changes To Reduce Poverty In Ecuador?," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(2), pages 19-36.
    6. Zewdie Habte SHIKUR, 2022. "Development And Enterprises’ Labor Demand In Sub-Saharan Africa: Evidence From Panel Data Of Four Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 22(2), pages 109-124.
    7. Kunofiwa TSAURAI, 2018. "Investigating The Impact Of Foreign Direct Investment On Poverty Reduction Efforts In Africa," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 27(2), pages 139-154.
    8. AKA, Bedia F. & GUISAN, Maria-Carmen, 2017. "Cutting Poverty Rate Using Basic Income Grant And International Cooperation In Cote D’Ivoire And Other Western Africa Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 17(1), pages 101-112.
    9. Hrushikesh MALLICK, 2023. "Role Of Climate Change, Institutional Credit And Public Sector Investment In Agricultural Productivity In India, 1970-2018," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 23(1), pages 125-158.
    10. MAGAZZINO, Cosimo & LEOGRANDE, Angelo, 2021. "Subjective Well-Being In Italian Regions: A Panel Data Approach," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 21(1), pages 1-18.
    11. GUISAN, Maria-Carmen, 2023. "Health Resources and Scores in European Countries, 1996-2019: Expenditure per capita and Rates of Doctors, Nurses and Beds in France, Germany, Italy, Spain, Switzerland and the UK," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 23(1), pages 111-130.
    12. GUISAN, Maria-Carmen, 2021. "Employment By Sector And Development In India For 1950- 2020 And International Comparisons With China And Oecd Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 21(1), pages 59-70.
    13. Oyenubi, Adeola & Kollamparambil, Umakrishnan, 2022. "Does the child support grant incentivise childbirth in South Africa?," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 812-825.
    14. GUISAN, Maria-Carmen, 2020. "Industrial Developmen And Co2 Emissions In 6 European Countries, 1960-2016: France, Germany, Italy, Spain, Switzerland And Uk," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 20(1), pages 35-46.
    15. GUISAN, Maria-Carmen, 2014. "World Development, 2000-2010: Production, Investment And Savings In 21 Areas Of America, Africa, Asia-Pacific, Europe And Eurasia," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(2).

    More about this item

    Keywords

    World Development; Africa; Asia; America; Europe; Eurasia; Schooling; Population; Production; Investment; Happiness; Quality of Government; Peace.;
    All these keywords.

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    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:eaa:aeinde:v:21:y:2021:i:2_5. 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: M. Carmen Guisan (email available below). General contact details of provider: http://www.usc.es/economet/eaa.htm .

    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.