Inclusive human development and governance: a panel data analysis of selected Asian countries
This study examines the role of governance in promoting inclusive human development across twenty-four selected Asian countries by analyzing panel data from 2010 to 2022. The World Bank’s inequality-adjusted human development index is used as a measure of inclusive human development. Six governance...
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| Language: | English |
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Frontiers Media S.A.
2025-05-01
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| Series: | Frontiers in Political Science |
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| Online Access: | https://www.frontiersin.org/articles/10.3389/fpos.2024.1446044/full |
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| author | Tasos Stylianou Rakia Nasir Muhammad Waqas Uzma Nisar |
| author_facet | Tasos Stylianou Rakia Nasir Muhammad Waqas Uzma Nisar |
| author_sort | Tasos Stylianou |
| collection | DOAJ |
| description | This study examines the role of governance in promoting inclusive human development across twenty-four selected Asian countries by analyzing panel data from 2010 to 2022. The World Bank’s inequality-adjusted human development index is used as a measure of inclusive human development. Six governance indicators are analyzed as independent variables in each regression model, along with three control variables: trade openness, competitiveness, and developmental expenditure. The results of panel unit root tests, LLC, and ADF show that all the variables have the same order of integration. Ten different regression analyses are conducted, including six indicators, three dimensions, and an overall index. Principal component analysis is used to develop dimensions and an overall governance index. The findings of the study reveal a significant relationship between most of the governance indicators and inclusive human development in selected Asian countries. The study shows that political stability, governance effectiveness, rule of law, and control of corruption promote inclusive human development in selected Asian countries. However, voice, accountability, and regulation quality indicators are not significant. Developmental expenditure and competitiveness are identified as key factors for promoting inclusive human development. Moreover, all three dimensions of governance enhance inclusive human development in selected Asian countries. |
| format | Article |
| id | doaj-art-8505e972e22f4f4e8a07090a38791787 |
| institution | DOAJ |
| issn | 2673-3145 |
| language | English |
| publishDate | 2025-05-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Political Science |
| spelling | doaj-art-8505e972e22f4f4e8a07090a387917872025-08-20T03:05:38ZengFrontiers Media S.A.Frontiers in Political Science2673-31452025-05-01610.3389/fpos.2024.14460441446044Inclusive human development and governance: a panel data analysis of selected Asian countriesTasos Stylianou0Rakia Nasir1Muhammad Waqas2Uzma Nisar3Department of Economics, University of Macedonia, Thessaloniki, GreeceDepartment of Economics and Statistics, University of Management and Technology, Lahore, PakistanDepartment of Economics, University of Sargodha, Sargodha, PakistanDepartment of Economics, University of Lahore, Sargodha, PakistanThis study examines the role of governance in promoting inclusive human development across twenty-four selected Asian countries by analyzing panel data from 2010 to 2022. The World Bank’s inequality-adjusted human development index is used as a measure of inclusive human development. Six governance indicators are analyzed as independent variables in each regression model, along with three control variables: trade openness, competitiveness, and developmental expenditure. The results of panel unit root tests, LLC, and ADF show that all the variables have the same order of integration. Ten different regression analyses are conducted, including six indicators, three dimensions, and an overall index. Principal component analysis is used to develop dimensions and an overall governance index. The findings of the study reveal a significant relationship between most of the governance indicators and inclusive human development in selected Asian countries. The study shows that political stability, governance effectiveness, rule of law, and control of corruption promote inclusive human development in selected Asian countries. However, voice, accountability, and regulation quality indicators are not significant. Developmental expenditure and competitiveness are identified as key factors for promoting inclusive human development. Moreover, all three dimensions of governance enhance inclusive human development in selected Asian countries.https://www.frontiersin.org/articles/10.3389/fpos.2024.1446044/fullInclusive Human DevelopmentGovernanceAsian countriesPanel Data Analysis (PDA)Development Expenditure |
| spellingShingle | Tasos Stylianou Rakia Nasir Muhammad Waqas Uzma Nisar Inclusive human development and governance: a panel data analysis of selected Asian countries Frontiers in Political Science Inclusive Human Development Governance Asian countries Panel Data Analysis (PDA) Development Expenditure |
| title | Inclusive human development and governance: a panel data analysis of selected Asian countries |
| title_full | Inclusive human development and governance: a panel data analysis of selected Asian countries |
| title_fullStr | Inclusive human development and governance: a panel data analysis of selected Asian countries |
| title_full_unstemmed | Inclusive human development and governance: a panel data analysis of selected Asian countries |
| title_short | Inclusive human development and governance: a panel data analysis of selected Asian countries |
| title_sort | inclusive human development and governance a panel data analysis of selected asian countries |
| topic | Inclusive Human Development Governance Asian countries Panel Data Analysis (PDA) Development Expenditure |
| url | https://www.frontiersin.org/articles/10.3389/fpos.2024.1446044/full |
| work_keys_str_mv | AT tasosstylianou inclusivehumandevelopmentandgovernanceapaneldataanalysisofselectedasiancountries AT rakianasir inclusivehumandevelopmentandgovernanceapaneldataanalysisofselectedasiancountries AT muhammadwaqas inclusivehumandevelopmentandgovernanceapaneldataanalysisofselectedasiancountries AT uzmanisar inclusivehumandevelopmentandgovernanceapaneldataanalysisofselectedasiancountries |