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

Bundala, Ntogwa (2012): Economic Growth and Human Development; A Link Mechanism: An Empirical Approach.

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

• Item Type: MPRA Paper
• Language: English
• Keywords: Economic growth, human development
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources ; Human Development ; Income Distribution ; Migration; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence

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