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Paths to Success: The Relationship Between Human Development and Economic Growth.

Abstract:

This paper explores the two-way relationships between Economic Growth (EG) and Human Development (HD), building on an earlier work by Ranis, Stewart, and Ramirez (2000). Here, we show that HD is not only a product of EG but also an important input to it. The paper develops new empirical strategies to estimate the strength of the two-way chains connecting HD and EG. Building on existing growth literature, we explore the empirical determinants of positive growth trajectories running from HD to ...

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Publisher copy:
10.1016/j.worlddev.2010.08.020

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Journal:
World Development
Volume:
39
Issue:
4
Publication date:
2011-04-05
DOI:
URN:
uuid:c7a2821b-4bfa-4c8d-93af-cb6da15ae488
Local pid:
oai:economics.ouls.ox.ac.uk:15059
Language:
English

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