Can Human Capital, Corruption and Population Density Affecting Economic Growth? (Empirical Study in South Asian Countries 2016-2020)
Keywords:
human capital, corruption, population density, economic growthAbstract
This study aims to analyze the determinants of poverty in South Asian countries. The data in this study is secondary data obtained from the World Bank, Asian Development Bank and Transparency International. This study was conducted to test several hypotheses. This study examines the effect of the level of human resources, the level of corruption and population density on economic growth in South Asian countries. The observation period chosen is from 2016 to 2020 (5 years). The analytical method used to test the hypothesis is panel data regression analysis. The results of this study indicate that the level of human resources has no effect on economic growth. While the level of corruption and population density has a significant negative effect on the economic growth of South Asian countries.
Downloads
References
Ali, S. (2015). An Empirical Analysis of Population Growth on Economic Development: The Case Study of Bangladesh. International Journal of Economics, Finance and Management Sciences, 3(3), 252. https://doi.org/10.11648/j.ijefm.20150303.21
Altiner, A., & Toktas, Y. (2017). RELATIONSHIP BETWEEN HUMAN CAPITAL AND ECONOMIC GROWTH: AN APPLICATION TO DEVELOPING COUNTRIES. Eurasian Journal of Economics and Finance, 5(3), 87–98. https://doi.org/10.15604/ejef.2017.05.03.007
Aslam, A. (2020). The hotly debate of human capital and economic growth: why institutions may matter? Quality & Quantity, 54(4), 1351–1362. https://doi.org/10.1007/s11135-020-00989-5
Barra, C., & Zotti, R. (2017). Investigating the Human Capital Development–growth Nexus: Does the Efficiency of Universities Matter? International Regional Science Review, 40(6), 638–678. https://doi.org/10.1177/0160017615626215
Campos, N. F., Dimova, R., & Saleh, A. (n.d.). Corruption and Economic Growth.
Ekone, F. A., & Amaghionyeodiwe, L. A. (2020). Does Corruption Cause Economic Growth in Nigeria. Journal of Management, Economics, and Industrial Organization, 89–108. https://doi.org/10.31039/jomeino.2020.4.2.6
Furuoka, F. (2018). Is population beneficial to economic growth? An empirical study of China. Quality & Quantity, 52(1), 209–225. https://doi.org/10.1007/s11135-016-0463-6
Goldin, C. (n.d.). Human Capital. Springer-Verlag.
Han, J.-S., & Lee, J.-W. (2019). Crawford School of Public Policy CAMA Centre for Applied Macroeconomic Analysis.
KlausGründler, & NiklasPotrafke. (2019). CESifo Working Paper no. 7816. www.RePEc.org
Nyoni T., & Bonga Wellington. G. (2017). Population Growth in Zimbabwe: A Threat to Economic Development? DRJ-JEF, 2(6), 29–39.
Ondo, A. (2017). Corruption and Economic Growth: The Case of EMCCA. Theoretical Economics Letters, 07(05), 1292–1305. https://doi.org/10.4236/tel.2017.75088
Rahman, M. M., Saidi, K., & Mbarek, M. Ben. (2020). Economic growth in South Asia: the role of CO2 emissions, population density and trade openness. Heliyon, 6(5). https://doi.org/10.1016/j.heliyon.2020.e03903
Sarker, S., Khan, A., & Mannan, M. M. (2016). Urban Population and Economic Growth: South Asia Perspective. European Journal of Government and Economics, 5(1).
Transparency International. (2023). What is corruption?
United Nations Development Programme. (2020). Calculating the human development indices. Technical Notes.
World Bank. (2019, March 19). The Human Capital Project: Frequently Asked Questions. Human Capital.
World Bank. (2023). population density. Metadata Glosary.
Alharthi, M., & Hanif, I. (2020). Impact of blue economy factors on economic growth in the SAARC countries. Maritime Business Review, 5(3), 253–269. https://doi.org/10.1108/MABR-01-2020-0006
Aslam, A. (2020). The hotly debate of human capital and economic growth: why institutions may matter? Quality & Quantity. 54(4), 1351–1362. https://doi.org/10.1007/s11135-020-00989-5
Azam, M. (2019). Relationship between energy, investment, human capital, environment, and economic growth in four BRICS countries. Environmental Science and Pollution Research, 26(33), 34388–34400. https://doi.org/10.1007/s11356-019-06533-9
Bansal, S., Sharma, G. D., Rahman, M. M., Yadav, A., & Garg, I. (2021). Nexus between environmental, social and economic development in South Asia: evidence from econometric models. Heliyon, 7(1). https://doi.org/10.1016/j.heliyon.2021.e05965
Dwiarsyah, T., Lizar, A., & Yefriza. (2021). Pengaruh Investasi Sumber Daya Manusia Terhadap Pertumbuhan Ekonomi. PARETO : Jurnal Ekonomi Dan Kebijakan Publik, 4(1).
Ichvani, L. F., & Sasana, H. (2019). Pengaruh Korupsi, Konsumsi, Pengeluaran Pemerintah Dan Keterbukaan Perdagangan Terhadap Pertumbuhan Ekonomi Di Asean 5. Jurnal REP (Riset Ekonomi Pembangunan), 4(1), 61–72. https://doi.org/10.31002/rep.v4i1.1342
Mohammad Mafizur Rahman. (2018). Article information : The Drivers of Economic Growth in South Asia : Evidence from a Dynamic System GMM approach Short title : The Drivers of Economic Growth in South Asia.
Yunianto, D. (2021). Analisis pertumbuhan dan kepadatan penduduk terhadap pertumbuhan ekonomi. Forum Ekonomi, 23(4), 688–699. https://doi.org/10.30872/jfor.v23i4.10233
