Growth, Human Development, and Trade: The Asian Experience

dc.creatorMustafa, Ghulam
dc.creatorRizov, Marian
dc.creatorKernohan, David
dc.date2017-04-01T14:06:53Z
dc.date.accessioned2026-07-09T11:04:22Z
dc.descriptionThis study looks at the three-way relationship between economic growth, human development, and openness to trade in a large panel of developing Asian economies. Using a theoretically motivated simultaneous equations system, we find that although human development contributes positively to economic growth, in the case of our Asian sample growth does not appear to have had a positive influence on human development. Uneven growth accompanied by lagging institutional development, preventing human capital formation, might have inhibited human development in the short to medium run. Complementary to the literature showing that growth is sustainable only when accompanied by human development, we confirm a role for trade liberalisation policies in achieving higher growth as well as human development.
dc.identifierdoi:10.22004/ag.econ.250248
dc.identifierhttps://ageconsearch.umn.edu/record/250248/files/OP_EG_and_HD_agecon.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/250248
dc.identifier.urihttp://hdl.handle.net/123456789/624505
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/250248
dc.titleGrowth, Human Development, and Trade: The Asian Experience
dc.typeText

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