Impact of Human Development Index on Economics Growth: Evidence from Asian Countries


Authors : Tanveer Ahmad Shahid; Amna Shafiq Minhas; Ijaz Ul Rehman; Abaid Ul Rehman

Volume/Issue : Volume 8 - 2023, Issue 2 - February

Scribd : https://bit.ly/3YJ9MrQ

DOI : https://doi.org/10.5281/zenodo.7730944

The present to this paper aims at investigating the macroeconomic impact of human development index on freedom index in both global and regional panel analysis concerning eight countries through the periods of 2006-2015.This present study investigates not only the global impact of HDI on Freedom index but also makes regional analysis. The paper finds a positive impact of HDI on Freedom index under fixed-effects model in global case. More specifically, all 9 regions also refer to positive and significant impact of HDI on Freedom. The highest impact is recorded in Asian countries.

Keywords : Human Development Index, Trade, External Debt, Remittance, Foreign Direct Investment, Freedom Index

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