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The contribution of international trade to economic growth through human capital accumulation: Evidence from nine Asian countries

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  • Mirajul Haq
  • Muhammad Luqman

Abstract

This study is an attempt to test the hypothesis "international trade contributes to economic growth through its effects on human capital accumulation." To assess the hypothesis empirically, we employed the extended Neo-Classical growth model that reflects some features of the endogenous growth models. We thus ended up with a model in which the change in human capital is sensitive to change in trade policies. Unlike conventional approaches, the model serves to assess and determine the impact of international trade on the accumulation of human capital. The empirical analysis estimates dynamic panel growth equations by using a data-set of nine Asian countries, over the period 1972-2012. The overall evidence substantiates the fact that in countries under consideration, international trade enhances the accumulation of human capital and contributes to economic growth positively through human capital accumulation.

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  • Mirajul Haq & Muhammad Luqman, 2014. "The contribution of international trade to economic growth through human capital accumulation: Evidence from nine Asian countries," Cogent Economics & Finance, Taylor & Francis Journals, vol. 2(1), pages 1-13, December.
    • Handle: RePEc:taf:oaefxx:doi:10.1080/23322039.2014.947000
    DOI: 10.1080/23322039.2014.947000
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    Cited by:

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    2. Md. Nur Alam Siddik & Sajal Kabiraj & Md. Emran Hosen & Md. Firoze Miah, 2021. "Blockchain Technology and Facilitation of International Trade: An Empirical Analysis," FIIB Business Review, , vol. 10(3), pages 232-241, September.
    3. Abdul Majeed Seidu & Aleksandar Vasilev, 2025. "Impact of trade liberalisation on Ghana’s Agricultural Sector," Journal of Economics and Econometrics, Economics and Econometrics Society, vol. 68(1), pages 17-50.
    4. Biswajit Maitra & Moutushi Chakraborty, 2023. "Foreign Trade, Human Capital and Economic Growth in India under the Liberalised Trade Regime," Journal of Asian Economic Integration, , vol. 5(1), pages 29-50, April.
    5. Mirajul Haq & Syed Kafait Hussain Naqvi & Muhammad Luqman, 2016. "Is the Value Addition in Services and Manufacturing Complementary? Empirical Evidence from SAARC," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 21(2), pages 31-52, July-Dec.

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