Human Capital Determinants and Economic Growth in Jammu and Kashmir: An Empirical Analysis
Price: ₹ 500
Author: Javid Ahmad Khan, Sayed Gulzar Ganai and Showkat Ahmad Bhat
Author Address: Assistant Professor Economics, Research Scholar and Assistant Professor Economics. Islamic University of Science and Technology, 1-University Avenue, Awantipora, Pulwama-192 122 (Jammu and Kashmir)
Keywords: Economic growth, Granger Causality test, human capital, regression.
JEL Codes: I15, I25, O01.
Abstract
This study is an empirical investigation of human capital and economic growth in the union territory of Jammu and Kashmir, India. OLS regressions were used from 2000 to 2019 along with the Granger Causality Test from1985-86 to 2018-19 to estimate the long-run direction between the sample variables. It was found that there was a positive and significant impact of human capital on economic growth and divulged a long-run relationship with causal links between human capital investment and economic growth. A substantial amount of budgetary allocation for human capital development is a policy suggestion for the union territory of Jammu and Kashmir.
Description
Indian Journal of Economics and Development
Volume 18 No. 4, 2022, 900-907
DOI: https://doi.org/10.35716/IJED/21096
NAAS Score: 5.15 (2022)
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus (SJR: 0.18)
UGC Approved (UGC-Care List Group II)