Secondary & Tertiary Education, Health, Investment and Human Capital in Pakistan: A Time Series Analysis
This paper contains a new human capital paradigm that measures Pakistan's economic development and human capital formation. The aim of this paper is to empirically estimate the impact of economic growth on human capital formation in Pakistan. Human capital is used as the dependent variable wit...
Saved in:
| Main Authors: | , , , |
|---|---|
| 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/699 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850147589638324224 |
|---|---|
| author | Ismat Nasim Furrukh Bashir Maleeka-Tul- Zahra Altaf Hussain |
| author_facet | Ismat Nasim Furrukh Bashir Maleeka-Tul- Zahra Altaf Hussain |
| author_sort | Ismat Nasim |
| collection | DOAJ |
| description |
This paper contains a new human capital paradigm that measures Pakistan's economic development and human capital formation. The aim of this paper is to empirically estimate the impact of economic growth on human capital formation in Pakistan. Human capital is used as the dependent variable with govt. expenditures on secondary education, expenditures on tertiary education, current health expenditure and GROSS fixed capital formation as the independent variables. Data is taken from WDI and the P.W.T (10) for the period of 1990-2020. This study is based on time series analysis. In this study ADF unit root and ARDL techniques are used to analyze. gross fixed capital formation, tertiary education and health expenditures are necessary tools for human capital. Tertiary education enhances the productivity of individuals in Pakistan. Findings of this analysis argued that Pakistan has paid much attention to the quality of tertiary education and on current health expenditures and also try to the improvement of the net investment. It will be beneficial for the entire country.
|
| format | Article |
| id | doaj-art-878746a55bc74ad4b36aed9e2c045aac |
| 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-878746a55bc74ad4b36aed9e2c045aac2025-08-20T02:27:31ZengInternational Research Alliance for Sustainable Development - iRASDiRASD Journal of Management2709-84432709-84512022-03-014110.52131/jom.2022.0401.0065Secondary & Tertiary Education, Health, Investment and Human Capital in Pakistan: A Time Series AnalysisIsmat Nasim0Furrukh Bashir1Maleeka-Tul- Zahra2Altaf Hussain3The Govt Sadiq College Women University Bahawalpur, PakistanBahauddin Zakariya University, Multan. Pakistan.The Govt Sadiq College Women University Bahawalpur, PakistanThe Islamia University of Bahawalpur, Pakistan This paper contains a new human capital paradigm that measures Pakistan's economic development and human capital formation. The aim of this paper is to empirically estimate the impact of economic growth on human capital formation in Pakistan. Human capital is used as the dependent variable with govt. expenditures on secondary education, expenditures on tertiary education, current health expenditure and GROSS fixed capital formation as the independent variables. Data is taken from WDI and the P.W.T (10) for the period of 1990-2020. This study is based on time series analysis. In this study ADF unit root and ARDL techniques are used to analyze. gross fixed capital formation, tertiary education and health expenditures are necessary tools for human capital. Tertiary education enhances the productivity of individuals in Pakistan. Findings of this analysis argued that Pakistan has paid much attention to the quality of tertiary education and on current health expenditures and also try to the improvement of the net investment. It will be beneficial for the entire country. https://www.journals.internationalrasd.org/index.php/jom/article/view/699Human CapitalTertiary EducationHealth ExpenditureInvestmentGDP Growth |
| spellingShingle | Ismat Nasim Furrukh Bashir Maleeka-Tul- Zahra Altaf Hussain Secondary & Tertiary Education, Health, Investment and Human Capital in Pakistan: A Time Series Analysis iRASD Journal of Management Human Capital Tertiary Education Health Expenditure Investment GDP Growth |
| title | Secondary & Tertiary Education, Health, Investment and Human Capital in Pakistan: A Time Series Analysis |
| title_full | Secondary & Tertiary Education, Health, Investment and Human Capital in Pakistan: A Time Series Analysis |
| title_fullStr | Secondary & Tertiary Education, Health, Investment and Human Capital in Pakistan: A Time Series Analysis |
| title_full_unstemmed | Secondary & Tertiary Education, Health, Investment and Human Capital in Pakistan: A Time Series Analysis |
| title_short | Secondary & Tertiary Education, Health, Investment and Human Capital in Pakistan: A Time Series Analysis |
| title_sort | secondary tertiary education health investment and human capital in pakistan a time series analysis |
| topic | Human Capital Tertiary Education Health Expenditure Investment GDP Growth |
| url | https://www.journals.internationalrasd.org/index.php/jom/article/view/699 |
| work_keys_str_mv | AT ismatnasim secondarytertiaryeducationhealthinvestmentandhumancapitalinpakistanatimeseriesanalysis AT furrukhbashir secondarytertiaryeducationhealthinvestmentandhumancapitalinpakistanatimeseriesanalysis AT maleekatulzahra secondarytertiaryeducationhealthinvestmentandhumancapitalinpakistanatimeseriesanalysis AT altafhussain secondarytertiaryeducationhealthinvestmentandhumancapitalinpakistanatimeseriesanalysis |