Human capital and economic growth in Pakistan: A cointegration and causality analysis
- Asghar, Nabila, Asma Awan, Hafeez ur Rehman
- International Journal of Economics and Finance…
This study provides a descriptive analysis of human capital in different regions of Pakistan. Three different categories of human capital like rural, urban and overall are formed for the four provinces of Pakistan. The study finds visible difference in human capital situation between rural and urban areas of Pakistan. The study suggests that skills of workforce can be boosted through investment in human capital that may result in an increase in the marginal productivity of capital. For this purpose, more funds may be allocated to health and education sectors, especially in the rural areas, for uplifting the level of human capital.