IDEAS home Printed from https://ideas.repec.org/a/nwe/eajour/y2024i3p556-567.html
   My bibliography  Save this article

The Role of Higher Education in Economic Growth: Evidence from South Asian Countries

Author

Listed:
  • Ijaz Uddin

    (Abdul Wali Khan University Mardan, Khyber Pakhtunkhwa, Pakistan)

  • Zeeshan Khan

    (Post Graduate College Matta, Swat, Khyber Pakhtunkhwa, Pakistan)

Abstract

Education is a crucial factor for sustainable economic growth, and higher education is considered an engine for development and growth. Therefore, the main aim of this study is to examine the role of higher education in economic growth evidence from South Asian countries such as (Bangladesh, Bhutan, India, Nepal, Pakistan, and Sri Lanka) for the period from 1990 to 2019. The panel unit root test reveals that all variables are in a mixed order of integration. The long-run Panel ARDL result shows that the tertiary education enrolment, higher education expenditure, exports, imports, and gross capital formation have a positive effect on GDP per capita. Higher education must deliver the education related to and needed by the labor market. Governments should provide funds to public universities and colleges to support their operations, research, and development. By supporting higher education, governments can promote a more skilled, innovative, and adaptable workforce, which is essential for sustained economic growth.

Suggested Citation

  • Ijaz Uddin & Zeeshan Khan, 2024. "The Role of Higher Education in Economic Growth: Evidence from South Asian Countries," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 556-567, September.
    • Handle: RePEc:nwe:eajour:y:2024:i:3:p:556-567
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/doi/eajournal/2024.3/EA.2024.3.06.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    higher education; economic growth; south Asian countries; Panel ARDL;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General

    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:nwe:eajour:y:2024:i:3:p:556-567. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.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.