Does Human Capital Contribute to Achieving Economic Growth Path in Pakistan? An Empirical Investigation

This paper tries to investigate the contribution of human capital to economic growth in Pakistan. For this purpose, the education enrollment index has been constructed, as a proxy for human capital. The study has collected secondary time series data and utilized the ARDL technique for the empirical...

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Main Authors: Salyha Zulfiqar Ali Shah, Mah Rukh Shabbir, Sabiha Parveen
Format: Article
Language:English
Published: International Research Alliance for Sustainable Development - iRASD 2022-03-01
Series:iRASD Journal of Management
Subjects:
Online Access:https://www.journals.internationalrasd.org/index.php/jom/article/view/669
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author Salyha Zulfiqar Ali Shah
Mah Rukh Shabbir
Sabiha Parveen
author_facet Salyha Zulfiqar Ali Shah
Mah Rukh Shabbir
Sabiha Parveen
author_sort Salyha Zulfiqar Ali Shah
collection DOAJ
description This paper tries to investigate the contribution of human capital to economic growth in Pakistan. For this purpose, the education enrollment index has been constructed, as a proxy for human capital. The study has collected secondary time series data and utilized the ARDL technique for the empirical results, during the year 1974-2020. The findings of the study concluded that the education enrollment index show a positive relationship with economic growth. The rate of inflation shows a negative relationship with the GDP growth rate. The results of the study suggested that the provision of education facilities is crucial especially at the higher and secondary levels to pursue the path of economic growth in Pakistan.
format Article
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institution OA Journals
issn 2709-8443
2709-8451
language English
publishDate 2022-03-01
publisher International Research Alliance for Sustainable Development - iRASD
record_format Article
series iRASD Journal of Management
spelling doaj-art-82b2a3d96589467c97158e88f2eb2b5e2025-08-20T02:27:31ZengInternational Research Alliance for Sustainable Development - iRASDiRASD Journal of Management2709-84432709-84512022-03-014110.52131/jom.2022.0401.0061Does Human Capital Contribute to Achieving Economic Growth Path in Pakistan? An Empirical InvestigationSalyha Zulfiqar Ali Shah0Mah Rukh Shabbir1Sabiha Parveen2Bahauddin Zakariya University Multan, PakistanBahauddin Zakariya University Multan, PakistanThe Women University Multan, PakistanThis paper tries to investigate the contribution of human capital to economic growth in Pakistan. For this purpose, the education enrollment index has been constructed, as a proxy for human capital. The study has collected secondary time series data and utilized the ARDL technique for the empirical results, during the year 1974-2020. The findings of the study concluded that the education enrollment index show a positive relationship with economic growth. The rate of inflation shows a negative relationship with the GDP growth rate. The results of the study suggested that the provision of education facilities is crucial especially at the higher and secondary levels to pursue the path of economic growth in Pakistan. https://www.journals.internationalrasd.org/index.php/jom/article/view/669PovertyHuman CapitalEconomic GrowthEducationHealthPakistan
spellingShingle Salyha Zulfiqar Ali Shah
Mah Rukh Shabbir
Sabiha Parveen
Does Human Capital Contribute to Achieving Economic Growth Path in Pakistan? An Empirical Investigation
iRASD Journal of Management
Poverty
Human Capital
Economic Growth
Education
Health
Pakistan
title Does Human Capital Contribute to Achieving Economic Growth Path in Pakistan? An Empirical Investigation
title_full Does Human Capital Contribute to Achieving Economic Growth Path in Pakistan? An Empirical Investigation
title_fullStr Does Human Capital Contribute to Achieving Economic Growth Path in Pakistan? An Empirical Investigation
title_full_unstemmed Does Human Capital Contribute to Achieving Economic Growth Path in Pakistan? An Empirical Investigation
title_short Does Human Capital Contribute to Achieving Economic Growth Path in Pakistan? An Empirical Investigation
title_sort does human capital contribute to achieving economic growth path in pakistan an empirical investigation
topic Poverty
Human Capital
Economic Growth
Education
Health
Pakistan
url https://www.journals.internationalrasd.org/index.php/jom/article/view/669
work_keys_str_mv AT salyhazulfiqaralishah doeshumancapitalcontributetoachievingeconomicgrowthpathinpakistananempiricalinvestigation
AT mahrukhshabbir doeshumancapitalcontributetoachievingeconomicgrowthpathinpakistananempiricalinvestigation
AT sabihaparveen doeshumancapitalcontributetoachievingeconomicgrowthpathinpakistananempiricalinvestigation