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

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  • 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
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    File URL: https://mpra.ub.uni-muenchen.de/47648/1/MPRA_paper_47648.pdf
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    References listed on IDEAS

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    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.
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    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.

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    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

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