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Home > International Trade, Human Capital, and Economic Growth: A Cross Country Analysis

International Trade, Human Capital, and Economic Growth: A Cross Country Analysis

Thesis Info

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Author

Haq, Mirajul

Program

PhD

Institute

Pakistan Institute of Development Economics

City

Islamabad

Province

Islamabad

Country

Pakistan

Thesis Completing Year

2012

Thesis Completion Status

Completed

Subject

Labor economics

Language

English

Link

http://prr.hec.gov.pk/jspui/handle/123456789/1102

Added

2021-02-17 19:49:13

Modified

2024-03-24 20:25:49

ARI ID

1676724812368

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This study is designed to test the hypothesis “international trade contributes to economic growth through its effects on human capital accumulation and technological diffusion.” To assess the hypothesis empirically we employed the Neo-Classical growth model. The model also reflects some features of the endogenous growth models. We thus ended up with a model in which the change in human capital is sensitive to change in trade policies. Unlike conventional approaches, the model serves to assess and determine the accumulation effects of international trade on human capital and imported capital. The extent to which a country can benefit from international trade is also believed to be sensitive to the country’s capacity to absorb international knowledge and technology in its production process. To evaluate the role of the absorption capacity, domestic R&D capital stock has been incorporated into the model. The empirical analysis estimates growth equations by using a panel data approach for a set of 23 developing countries, over the period 1970-2008. The countries considered for the study have been split into four groups. The trade variables exhibit relatively stronger growth elasticities in more open economies (East Asia, and Latin America) compared to less open economies (South Asia, and Africa). However, the overall evidence substantiates the fact that international trade enhances the accumulation of human capital and contributes to economic growth positively through technology diffusion. No convincing evidence, however, has been found in favor of the income convergence in any group of countries.
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چمن میں سبزہ و گل خطہِ رسولؐ سے ہے


چمن میں سبزہ و گُل خطۂ رسولؐ سے ہے
زمیں فلک سے حسیں روضۂ رسولؐ سے ہے

خدا کے اور بھی گھر ہیں زمین پر لیکن
حرم کی شان جدا سجدۂ رسولؐ سے ہے

صدائے کُن فیکوں سے نظامِ ہستی تک
تمام جلوہ گری ، جلوۂ رسولؐ سے ہے

کمال حسنِ عمل ؛ اتباعِ پیغمبرؐ
رُخِ حیات حسیں اُسوۂ رسولؐ سے ہے

فروغِ دین ؛ صحابہؓ کی کاوشِ پیہم
بقائے دین ؛ جگر گوشۂ رسولؐ سے ہے

پیامِ امن سے لے کر حقوقِ نسواں تک
وقارِ نوعِ بشر خطبۂ رسولؐ سے ہے

چمن کا رنگ چمن کی فضاؤں سے نکھرا
فضائے خلد حسیں کوچۂ رسولؐ سے ہے

گواہی دیتے ہیں بدر و حنین کے لشکر
نزولِ نُصرتِ رب گریۂ رسولؐ سے ہے

پیامِ آیتِ میثاقِ انبیا کیا ہے
’’نبوتوں کو شرف خاصۂ رسولؐ سے ہے‘‘

منات و لات و ہبل خاک میں ہوئے پامال
خدا کی شان عیاں رتبۂ رسولؐ سے ہے

خرامِ ناز سے عرفانؔ و آگہی کی نمو
حصولِ منزلِ حق جادۂ رسولؐ سے ہے

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Exploring New Dimensions in National Education Policies of Pakistan

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