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Human Capital Development And Economic Growth In India Pdf

human capital development and economic growth in india pdf

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How Does Human Capital Affect Economic Growth in India? An Empirical Analysis

So, All of authors and contributors must check their papers before submission to making assurance of following our anti-plagiarism policies. A countries economic growth depends on many factors like Natural resources, human resources, physical capital, technological development, and social and political factors. This paper is investing the role of human capital in the economic growth of India. This study investigates the relationship between the human capital and economic growth in India from to , Healthcare expenditure has been used as a proxy variable for human capital. This research paper is based on multiple linear regression models, and neo classical Solow production function. This study discovered that there is a strong positive relationship between human capital and economic growth, other variable used in the study Gross capital formation, and secondary School enrollment, also effecting the economic growth of India positively.

July 5, Journal article Open Access. Javid Ahmad khan. Investment in Human capital is considered as one of most important pillars of economic growth in any economy. The purpose of the paper is to measures the effects of human capital on the economic growth of Indian economy. The measurement of human capital as the determinant of economic growth is analyzed and measured under the headings of education and health component of human capital. In order to measure the effect of the human capital on the growth of Indian economy we used three regressions models. The first regression model used captures the relation of education human capital with the growth.

How Does Human Capital Affect Economic Growth in India? An Empirical Analysis

An Empirical Analysis. The study attempts to examine the relationship between human capital and economic growth in India. The study utilizes annual time series data for the period to Real Gross Domestic Product is used as a proxy for economic prosperity and the Human Capital Index is taken as a proxy for the level of human capital. Conventional sources of growth are controlled by physical capital, trade openness and inflation.

human capital development and economic growth in india pdf

A countries economic growth depends on many factors like Natural resources, human resources, physical capital, technological development.


What is the Relationship between Human Capital and Economic Growth?

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Not a MyNAP member yet? Register for a free account to start saving and receiving special member only perks. In countries such as China and India that are seeking to aggressively expand their economies and their capacity for technological innovation, a key limiting factor is human capital. Are there enough competent scientists and engineers to support that growth? Enough technicians? Enough managers who understand technology? In opening a session on human capital development, moderator Pete Engardio of BusinessWeek said that with the recent dramatic growth of the technological sector in those two countries, companies—both foreign-owned and domestic—are running into a number of practical problems.

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