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

被引:125
作者
Suri, Tavneet [1 ]
Boozer, Michael A. [2 ]
Ranis, Gustav [2 ]
Stewart, Frances [3 ]
机构
[1] MIT, Alfred P Sloan Sch Management, Cambridge, MA 02139 USA
[2] Yale Univ, New Haven, CT USA
[3] Univ Oxford, Oxford, England
关键词
human development; economic growth; threshold models; INCREASING RETURNS; HEALTH; INDUSTRIALIZATION; NUTRITION; MORTALITY;
D O I
10.1016/j.worlddev.2010.08.020
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This paper explores the two-way relationship between economic growth (EG) and human development (HD). We develop panel data strategies to estimate the strength of these relationships and find that HD plays an essential role in determining growth trajectories (our measure of sustained growth). Not only is HD a final product in the sense that it measures basic human well-being but it is also a critical input into EG. Our findings illustrate the empirical relevance of endogenous growth, and are consistent with threshold effect models. Our results imply that successful policy requires an early focus on HD, not only because of its direct impact but also because of its feedback effect on sustaining EG. (C) 2010 Elsevier Ltd. All rights reserved.
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页码:506 / 522
页数:17
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