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Examining the Drivers of Human Development in European Union

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  • Tudorache, Maria-Daniela

Abstract

This paper provides an analysis of the human development drivers in the European Union. The variables used cover the 2010-2017 period, during which the Member States have faced different economic and social challenges generated by the global economic crisis. In the analysis, I used Panel Estimated Generalized Least Squares, weighted with the Period SUR option. The paper confirms a direct relationship between three independent variables (life expectancy, corruption perception index and gross fixed capital formation) and the dependent variable - the human development index. In this context, the study demonstrated that a decrease in the dimension of corruption leads to an increase in the human development, since the growth of corruption perception index is associated with a fall in the corruption dimension. On the other hand, an inverse relationship was identified between the other two exogenous variables (the share of people leaving education and training early, respectively employment in agriculture) and the human development index.

Suggested Citation

  • Tudorache, Maria-Daniela, 2020. "Examining the Drivers of Human Development in European Union," EconStor Conference Papers 222443, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esconf:222443
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    File URL: https://www.econstor.eu/bitstream/10419/222443/1/Examining-the-drivers-of-human-development-in-EU.pdf
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    References listed on IDEAS

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    Cited by:

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    2. Funda Hatice Sezgin & Yilmaz Bayar & Laura Herta & Marius Dan Gavriletea, 2021. "Do Environmental Stringency Policies and Human Development Reduce CO 2 Emissions? Evidence from G7 and BRICS Economies," IJERPH, MDPI, vol. 18(13), pages 1-13, June.

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    More about this item

    Keywords

    human development; corruption; employment; education;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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