Economic Growth & Human Development: The Experience of Indian States
Published: 2012
Author(s) Name: Gopalakrishna B.V&Jayaprakash Rao
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Abstract
This paper explores the links between
economic growth and human
development by identifying two
chains based on Indian empirical
evidence, one from economic growth
to human development and the other
from human development to economic
growth. The results indicate
that there are widening inter-regional
disparities in human development
over a long period of time.
In the liberalization period the
states showed a tendency of convergence
rather than divergence in
terms of human development. The
empirical analysis reveals that there
is a positive relationship between
public expenditure and human development.
The influence of public
expenditure on human development
is higher than that of economic
growth. The empirical evidence is in
support of the higher public expenditure
on health and education that
leads to higher human development.
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