IDEAS home Printed from https://ideas.repec.org/a/rfh/bbejor/v12y2023i3p738-751.html
   My bibliography  Save this article

Impact of Economic and Environmental Dynamics on Human Development: An Analysis of HDI Classifications

Author

Listed:
  • Afsheen Hashmat

    (Ph.D. Scholar, the University of Lahore, Pakistan)

  • Ghulam Ghouse

    (Associate Professor, the University of Lahore, Pakistan)

  • Nawaz Ahmad

    (Research Professor, Al-Baraiem Al-Khadhra, Dubai, UAE)

Abstract

The whole world is facing the issue of altering climate and bad environmental quality due to the extreme increase in carbon emissions. Against the backdrop, this study plans to examine the effect of environmental degradation on human development controlling for income inequality education inequality gender inequality unemployment GDPPC institutional quality and urbanization in the context of very high high medium and low HDI economies during the time scope from 1996 to 2021. For measuring environmental impact we use both ecological footprints and carbon dioxide emission (CO2) figures for these countries. Overall, the generalized method of moments analysis confirms the strong relationship among the study variables. GMM analysis confirms that environmental quality by surging the ecological footprints and carbon emission deteriorates human development of the selected nations. Similarly, disparities in the form of income, education and gender impose an adverse impact on human development as unemployment also has a contrary impact on human development. While GDP institutional quality and urbanization are evidenced to ensure human welfare. Hence considering these key outcomes a set of relevant human welfare-related policies needs to be recommended in the context of selected countries.

Suggested Citation

  • Afsheen Hashmat & Ghulam Ghouse & Nawaz Ahmad, 2023. "Impact of Economic and Environmental Dynamics on Human Development: An Analysis of HDI Classifications," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(3), pages 738-751.
    • Handle: RePEc:rfh:bbejor:v:12:y:2023:i:3:p:738-751
    DOI: https://doi.org/10.61506/01.00112
    as

    Download full text from publisher

    File URL: https://bbejournal.com/BBE/article/view/605
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.61506/01.00112?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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:rfh:bbejor:v:12:y:2023:i:3:p:738-751. 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: Dr. Muhammad Irfan Chani (email available below). General contact details of provider: https://edirc.repec.org/data/rffhlpk.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.