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Analyzing the Impact of Government Expenditure, Institutional Factors, Foreign Direct Investment, Public Investment, and Technological Innovations on Human Development Index in Pakistan and China

Author

Listed:
  • Sadia Safdar

    (Faculty of Economics and Commerce, Superior University Lahore Pakistan)

  • Mubashir Manzoor

    (Faculty of Economics and Commerce, Superior University Lahore, Pakistan)

  • Saif Ur Raman

    (Associate Professor, faculty of Economics and Commerce, Superior University Lahore Pakistan)

  • Salman Masood Sheikh

    (Dean & Professor, Faculty of Economics and Commerce, Superior University Lahore, Pakistan)

Abstract

The prime objective of this study is to inspect the Impact of Government Expenditure (GE), Institutional Factors (IF), Foreign Direct Investment (FDI), Public Investment (PI), and Technological Innovations (TI) on Human Development Index (HDI) in Pakistan and China during the period from 1997 to 2017. The study broadly analyses and join in both theoretical and empirical literature pertaining to this subject. It commences by providing an overview of Impact of Government Expenditure (GE), Institutional Factors (IF), Foreign Direct Investment (FDI), Public Investment (PI), and Technological Innovations (TI) on Human Development Index (HDI) in Pakistan and China. Afterward, it categorizes current literature based on theoretical and empirical insights found in available works. Furthermore, the paper puts light on theoretical approaches that explain how it works. To conclude, the article recommends three auspicious proportions for future research in this area. By judgmentally investigating and creating prevailing theories and research, this study plays its role while understanding of the connection Between Government Expenditure (GE), Institutional Factors (IF), Foreign Direct Investment (FDI), Public Investment (PI), and Technological Innovations (TI) on Human Development Index (HDI) in Pakistan and China.

Suggested Citation

  • Sadia Safdar & Mubashir Manzoor & Saif Ur Raman & Salman Masood Sheikh, 2024. "Analyzing the Impact of Government Expenditure, Institutional Factors, Foreign Direct Investment, Public Investment, and Technological Innovations on Human Development Index in Pakistan and China," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1231-1235.
  • Handle: RePEc:rfh:bbejor:v:13:y:2024:i:2:p:1231-1235
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    References listed on IDEAS

    as
    1. Amjad Ali & Marc Audi, 2018. "Macroeconomic Environment and Taxes Revenues in Pakistan: An Application of ARDL Approach," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 7(1), pages 30-39, March.
    2. Yanan Shen & Saif Ur Rahman & Nabila Shahzadi Hafiza & Muhammad Saeed Meo & Muhammad Sibt E Ali, 2024. "Does green investment affect environment pollution: Evidence from asymmetric ARDL approach?," PLOS ONE, Public Library of Science, vol. 19(4), pages 1-25, April.
    3. Ali, Amjad, 2022. "Determining Pakistan's Financial Dependency: The Role of Financial Globalization and Corruption," MPRA Paper 116097, University Library of Munich, Germany.
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    5. Amjad Ali & Farooq Ahmed & Fazal- Ur- Rahman, 2016. "Impact of Government Borrowing on Financial Development (A case study of Pakistan)," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 5(3), pages 135-143, September.
    6. Ali, Amjad & Ur Rehman, Hafeez, 2015. "Macroeconomic Instability and Its Impact on Gross Domestic Product: An Empirical Analysis of Pakistan," MPRA Paper 82496, University Library of Munich, Germany, revised 2015.
    7. Yannick Roussel & Amjad Ali & Marc Audi, 2021. "Measuring The Money Demand In Pakistan: A Time Series Analysis," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 10(1), pages 27-41, March.
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