The Contribution of Human Capital in Aggregate and Sectoral Production: Evidence from Pakistan

Qadri, Faisal Sultan; Waheed, Abdul

doi:10.1177/0972150918778948

Cited by 4 publications

(3 citation statements)

References 21 publications

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“…Liu, Feng, Zhao, Zhang, and Su (2016) also found the same evidence. Qadri and Waheed (2020) investigated the impact of investment on human capital and concluded that worker education is necessary to increase productivity. Klomp and de Haan (2013) investigated how political institutions may influence the development of human capital.…”

Section: Review Of Literaturementioning

confidence: 99%

Tourism, Economic growth, Environment, Human Capital and Political Instability: Heterogeneous linkages

Shahzad,

Azam

2023

iRASD J. Eco.

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This study aims to estimate heterogeneous causal linkages among tourism, economic growth, environment, human capital and political instability for all economies in the world. In this study, we used the global panel data, which consists of the world. The study employs the fixed effects model (FEM) to estimate the panel regression model. Results indicate that in all models, economic growth attracts tourism, and tourism increases economic growth. Tourism and CO2 are negatively related. Tourism and human capital are positively related, and political instability and tourism are also positively related. The study concluded that environmental emissions and economic growth are negatively related. Our research shows a positive connection between economic growth and human capital. Economic growth and political instability are negatively related. Environment emission and human capital are negatively related. Our results have shown that political instability and CO2 are positively related to each other. Political instability and human capital are negatively related. Results have shown that human capital hurts political insatiability. Findings suggest that host countries should not only promote tourism but also ensure that the environment is not degraded, so green tourism needs to be promoted in order to ensure that the development process will remain smooth and sustainable. To promote sustainable tourism development and economic growth, governments should concentrate on economic policies and allocate more resources to human capital management. Tourism policymakers need to be aware of the dimensions of political instability and its likely impact on their industry.

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Section: Review Of Literaturementioning

confidence: 99%

Tourism, Economic growth, Environment, Human Capital and Political Instability: Heterogeneous linkages

Shahzad,

Azam

2023

iRASD J. Eco.

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“…As educated and healthy individuals as human capital, positively affect the quality and quantity of labor required for development, education and health have an important impact on human development understanding. Accordingly, the development criterion for improvement shaped by human capital has been evaluated within the framework of these two main factors and started to be measured with the human "development index developed" by UDNP over time as a "long and healthy life", "access to information" and "a good standard of living" [2]; [14]; [15]; [16]; [17]; [18]; [19]. UNDP has established human development index according to three criteria by stating that human knowledge, health and lifestyle shape human capital and constitutes human improvement.…”

Section: Human Development and Human Development Indexmentioning

confidence: 99%

The Place of Cultural Economy in Development Policies of Developing Countries: Van Province

Başdoğan¹,

Enlil²

2022

EJRnD

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Van city has serious socio-economic cultural development problems. Despite these problems, Van's cultural and natural diversity, as well as its potential to be an important commercial center due to its geopolitical situation, are important for the solution of extant problems. In this regard, this paper strives to examine the challenges of Van from the cultural aspect. Accordingly; in Van, the investments determined by the actors affecting the development and planning process periodically (2003-2016) were evaluated vis-à-vis the classification of cultural economy and human development index. Content analysis was used in the research. The European Union (EU) is one of the international actors in Van and the national actors are; Ministry of Development, Ministry of Interior, Ministry of Culture and Tourism, T.C. Prime Ministry General Directorate of Foundations, Eastern Anatolia Project (EAP) Regional Development Administration, Eastern Anatolia Development Agency (EADA) and Municipalities. It is seen that these are important actors in development policies and the investments they have made coincide with the strategies they have targeted. International actors prioritize social and human development investments within the framework of EU regional development policies. National actors however followed both a development model within the scope of industry, trade and services, which was predominantly based on the economic perspective, and a development model from the tourism perspective in the services class. Consequently, it is seen that development in Van is not directly evaluated from the cultural view, but evaluated together with tourism, culture is instrumentalized for tourism and cultural tourism is brought to the fore and cultural policies are developed from the tourism perspective.

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“…As discussed above, better education and healthcare are vital in enhancing the productivity of the labor force. Pakistan's economy is primarily dependent on agriculture, and education serves as a catalyst for farmers to refine their farming practices (Qadri and Waheed 2011). Education enables farmers to incorporate modern technology and the latest research findings into their cultivation and harvesting techniques.…”

Section: Introductionmentioning

confidence: 99%

Empowering Pakistan’s Economy: The Role of Health and Education in Shaping Labor Force Participation and Economic Growth

Umair,

Ahmad,

Hussain

et al. 2024

Economies

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The labor force is a crucial factor in conducting economic activities, especially in labor-surplus countries like Pakistan. In this study, we explore the impact of labor force participation (LF) on economic growth (EG), with an emphasis on how this impact depends on the levels of health and education expenditures. We analyze time series data from Pakistan spanning from 1980 to 2022, using ARDL (Autoregressive Distributed Lag), ECM (Error Correction Model) and Granger causality techniques for empirical analysis. The ARDL results indicate that LF significantly boosts EG, both in the short and long run. Furthermore, the estimations reveal that better facilities for health and education strengthen the positive effects of LF on EG. This suggests a complementary relationship between health, education, and LF in driving EG. Moreover, our findings highlight the temporal significance of health and education: Health plays a more crucial role in the short run, while education’s impact is more substantial in the long run. Furthermore, the Granger causality results indicate that LF, health, and education significantly contribute to EG. It is advisable for the government to prioritize investments in the health and education sectors. This approach can empower individuals to actively and effectively participate in economic activities, eventually contributing to the overall economic output of the nation.

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The Contribution of Human Capital in Aggregate and Sectoral Production: Evidence from Pakistan

Cited by 4 publications

References 21 publications

Tourism, Economic growth, Environment, Human Capital and Political Instability: Heterogeneous linkages

Tourism, Economic growth, Environment, Human Capital and Political Instability: Heterogeneous linkages

The Place of Cultural Economy in Development Policies of Developing Countries: Van Province

Empowering Pakistan’s Economy: The Role of Health and Education in Shaping Labor Force Participation and Economic Growth

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