IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/47648.html
   My bibliography  Save this paper

Economic Growth and Human Development; A Link Mechanism: An Empirical Approach

Author

Listed:
  • Bundala, Ntogwa

Abstract

The aim of the study was to determine the relationship mechanisms between the economic growth and human development. The research used cross country survey research design. The research covers 40 countries, 10 countries from each of human development ranks. Multivariate multiple regression model is used to analyse data. The research found that there is a strong relationship between economic growth and human development. But the relationship is not perfect it starts after a country attained a certain level of human development. It is recommended that a country should concentrate on both improving human development and the economic growth since are strongly related, the human development is an important input to growth economic and in turns, the economic growth activates the human development. The political policies and technology invested have a positive influence on the human development and economic growth in a particular country

Suggested Citation

  • Bundala, Ntogwa, 2012. "Economic Growth and Human Development; A Link Mechanism: An Empirical Approach," MPRA Paper 47648, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:47648
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/47648/1/MPRA_paper_47648.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ranis, Gustav & Stewart, Frances & Ramirez, Alejandro, 2000. "Economic Growth and Human Development," World Development, Elsevier, vol. 28(2), pages 197-219, February.
    2. Ranis, Gustav, 2004. "Human Development and Economic Growth," Center Discussion Papers 28375, Yale University, Economic Growth Center.
    3. James Foster & Luis Lopez-Calva & Miguel Szekely, 2005. "Measuring the Distribution of Human Development: methodology and an application to Mexico," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 6(1), pages 5-25.
    4. Srinivasan, T N, 1994. "Human Development: A New Paradigm or Reinvention of the Wheel?," American Economic Review, American Economic Association, vol. 84(2), pages 238-243, May.
    5. Gustav Ranis, 2004. "Human Development and Economic Growth," Working Papers 887, Economic Growth Center, Yale University.
    6. Streeten, Paul, 1994. "Human Development: Means and Ends," American Economic Review, American Economic Association, vol. 84(2), pages 232-237, May.
    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. Paulos C Tsegaw, 2020. "The Nexus Between Good Governance Indicators And Human Development Index In Africa: An Econometric Analysis," Journal of Public Administration and Governance, Macrothink Institute, vol. 10(2), pages 119-119, December.
    2. Ali, Shahid & Xiaohong, Zhou & Hassan, Syed Tauseef, 2024. "The hidden drivers of human development: Assessing its role in shaping BRICS-T's economics complexity, and bioenergy transition," Renewable Energy, Elsevier, vol. 221(C).
    3. Serdar Ozturk & Seher Suluk, 2020. "The granger causality relationship between human development and economic growth: The case of Norway," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(6), pages 143-153, October.
    4. Emin Efecan Aktas, 2022. "Long-run effects of human development and public governance on economic welfare: New evidence from transition economies," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 40(1), pages 147-175.
    5. Simplice A. Asongu & Samba Diop, 2021. "Human development and governance in Africa: do good fences make good neighbours?," Working Papers 21/051, European Xtramile Centre of African Studies (EXCAS).
    6. Gunay Ozcan & Cigdem Karter, 2020. "The Relationship of Economic Growth And Terrorism with the Human Development Index: A Causality Analysis on MENA Countries," Technium Social Sciences Journal, Technium Science, vol. 11(1), pages 226-234, September.
    7. Funda Hatice Sezgin & Yunus Budak, 2022. "The Growth Impact of Human Development: A Developed- and Developing-Country Comparison," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 72(72-1), pages 81-104, June.

    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. Mukherjee, Sacchidananda & Chakraborty, Debashis & Sikdar, Satadru, 2014. "Three Decades of Human Development across Indian States: Inclusive Growth or Perpetual Disparity?," Working Papers 14/139, National Institute of Public Finance and Policy.
    2. Ali, Mohammad Afshar & Alam, Khorshed & Taylor, Brad & Rafiq, Shuddhasattwa, 2020. "Does ICT maturity catalyse economic development? Evidence from a panel data estimation approach in OECD countries," Economic Analysis and Policy, Elsevier, vol. 68(C), pages 163-174.
    3. Ranis, Gustav, 2004. "The Evolution of Development Thinking: Theory and Policy," Center Discussion Papers 28528, Yale University, Economic Growth Center.
    4. Aalok Ranjan Chaurasia, 2019. "Empirics of Human Development in India,1990–2015," Indian Journal of Human Development, , vol. 13(2), pages 135-158, August.
    5. Suri, Tavneet & Boozer, Michael A. & Ranis, Gustav & Stewart, Frances, 2011. "Paths to Success: The Relationship Between Human Development and Economic Growth," World Development, Elsevier, vol. 39(4), pages 506-522, April.
    6. Bryane Michael, 2018. "What does Brunei teach us about using Human Development Index rankings as a policy tool?," Development Policy Review, Overseas Development Institute, vol. 36(S1), pages 414-431, March.
    7. Mine Yilmazer & Serkan inar, 2015. "Human Capabilities and Economic Growth: A Comparative Human Capability Index," International Journal of Economics and Financial Issues, Econjournals, vol. 5(4), pages 843-853.
    8. Valeria Costantini & Riccardo Crescenzi & Fabrizio De Filippis & Luca Salvatici, 2007. "Bargaining Coalitions in the WTO Agricultural Negotiations," The World Economy, Wiley Blackwell, vol. 30(5), pages 863-891, May.
    9. Ewa Lechman, 2013. "Social development – a multidimensional approach to social development analysis. Country level evidence," GUT FME Working Paper Series A 2, Faculty of Management and Economics, Gdansk University of Technology.
    10. Ewa, Lechman, 2012. "Social development – a multidimensional approach to social development analysis. Country level evidence for year 2011," MPRA Paper 41812, University Library of Munich, Germany.
    11. Yahya Z. ALSHEHHI, 2017. "Achievements In Terms Of Human Development Dimensions," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 13, pages 109-125, May.
    12. Martin Schlossarek & Jaromír Harmáček & Petr Pavlík, 2016. "Ekonomický růst a lidský rozvoj v rozvojových zemích: zázračný, nebo začarovaný kruh? [Economic Growth and Human Development in Developing Countries: Virtuous or Vicious Circle?]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(6), pages 651-673.
    13. Zaman, Khalid & Izhar, Zeeshan & Khan, Muhammad Mushtaq & Ahmad, Mehboob, 2012. "The relationship between financial indicators and human development in Pakistan," Economic Modelling, Elsevier, vol. 29(5), pages 1515-1523.
    14. Priya Ranjan & Prasant Kumar Panda, 2022. "Pattern of Development Spending and Its Impact on Human Development Index and Gross State Domestic Product in Low-income States in India," Journal of Development Policy and Practice, , vol. 7(1), pages 71-95, January.
    15. Alan Martina, 2007. "A Class of Poverty Traps: A Theory and Empirical Tests," ANU Working Papers in Economics and Econometrics 2007-482, Australian National University, College of Business and Economics, School of Economics.
    16. Neamtu Daniela-Mihaela & Ciobanu Oana-Georgiana, 2015. "Correlations Between Human Development And Economic Growth," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 118-122, January.
    17. Jeni Klugman & Francisco Rodríguez & Hyung-Jin Choi, 2011. "The HDI 2010: new controversies, old critiques," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 9(2), pages 249-288, June.
    18. Marta Santagata & Enrico Ivaldi & Riccardo Soliani, 2019. "Development and Governance in the Ex-Soviet Union: An Empirical Inquiry," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 157-190, January.
    19. Sara Romanó, 2014. "Personal Networks and Party Affiliation in Status Attainment Processes in Cuba: How Do Individuals End Up in Economically Profitable Positions in Emergent Sectors?," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 24.
    20. Debapriya Bhattacharya & Lisa Borgatti, 2012. "An Atypical Approach to Graduation from the LDC Category: The Case of Bangladesh," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 13(1), pages 1-25, March.

    More about this item

    Keywords

    Economic growth; human development;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:pra:mprapa:47648. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.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.