Impact of Higher Education on Economic Growth of Pakistan
This paper investigates the returns of higher education on economic growth of Pakistan from 1972 to 2008 through the application of Cobb-Douglas production function. The prime objective of the study is to identify and establish a link between the higher education and economic growth of Pakistan. For this purpose the impact of higher education enrollment on economic growth is analyzed. An attempt is made, in this study, to analyze the educational trends, the strategies and challenges for higher educational and its role in overall development in the country. Furthermore, the study also delves that a well educated labor force appears to significantly affluence the economic growth. The research also provides some implications for the policy purpose to develop higher education so as to curb the use of expatriate manpower in different sectors of the economy.
|Date of creation:||2008|
|Date of revision:||2008|
|Publication status:||Published in Journal of Social Sciences and Humanities 2.6(2008): pp. 15-29|
|Contact details of provider:|| Postal: |
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Timothy J. Bartik, 2004.
"Increasing the Economic Development Benefits of Higher Education in Michigan,"
Upjohn Working Papers and Journal Articles
04-106, W.E. Upjohn Institute for Employment Research.
- Timothy J. Bartik, . "Increasing the Economic Development Benefits of Higher Education in Michigan," Upjohn Working Papers and Journal Articles tjb2005jwd, W.E. Upjohn Institute for Employment Research.
- Ryo Horii & Akiomi Kitagawa & Koichi Futagami, 2005.
"Availability of Higher Education and Long-Term Economic Growth,"
Development and Comp Systems
0504005, EconWPA, revised 08 Sep 2005.
- Ryo Horii & Akiomi Kitagawa & Koichi Futagami, 2008. "Availability Of Higher Education And Long-Term Economic Growth," The Japanese Economic Review, Japanese Economic Association, vol. 59(2), pages 156-177.
- Ryo Horii & Akiomi Kitagawa & Koichi Futagami, 2003. "Availability of Higher Education and Long-Term Economic Growth," Discussion Papers in Economics and Business 03-14-Rev, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP), revised Sep 2005.
- Akiomi Kitagawa & Ryo Horii & Koichi Futagami, 2003. "Availability of Higher Education and Long-Term Economic Growth," Discussion Papers in Economics and Business 03-14, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
- Siphambe, Happy Kufigwa, 2000. "Rates of return to education in Botswana," Economics of Education Review, Elsevier, vol. 19(3), pages 291-300, June.
- Rehme, Günther, 2006.
"Education, Economic Growth and Measured Income Inequality,"
Darmstadt Discussion Papers in Economics
25519, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute of Economics (VWL).
- Günther Rehme, 2007. "Education, Economic Growth and Measured Income Inequality," Economica, London School of Economics and Political Science, vol. 74(295), pages 493-514, 08.
- Gupta, Manash Ranjan & Chakraborty, Bidisha, 2006. "Human Capital Accumulation and Endogenous Growth in a Dual Economy," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 47(2), pages 169-195, December.
- Lin, Tin-Chun, 2004. "The role of higher education in economic development: an empirical study of Taiwan case," Journal of Asian Economics, Elsevier, vol. 15(2), pages 355-371, April.
- de Meulemeester, Jean-Luc & Rochat, Denis, 1995.
"A causality analysis of the link between higher education and economic development,"
Economics of Education Review,
Elsevier, vol. 14(4), pages 351-361, December.
- Jean Luc De Meulemeester & Denis Rochat, 1995. "A causality analysis of the link between higher education and economic development," ULB Institutional Repository 2013/1573, ULB -- Universite Libre de Bruxelles.
- Rena, Ravinder, 2006. "Higher Education In Africa – A Case Of Eritrea," MPRA Paper 10580, University Library of Munich, Germany.
- G Johnes, 2006. "Education and economic growth," Working Papers 577341, Lancaster University Management School, Economics Department.
- Kwabena Gyimah-Brempong & Oliver Paddison & Workie Mitiku, 2006. "Higher education and economic growth in Africa," Journal of Development Studies, Taylor & Francis Journals, vol. 42(3), pages 509-529.
- Mohsin S. Khan, 2005. "Human Capital and Economic Growth in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 44(4), pages 455-478.
- Sanchez Losada, F., 1998. "On the Relationship Between Education and Growth," UFAE and IAE Working Papers 408.98, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Gustav Ranis & Frances Stewart, 2001. "Growth and Human Development: Comparative Latin American Experience," Working Papers 826, Economic Growth Center, Yale University.
- Compton Bourne & Anand Dass, 2003. "Private and Social Rates of Return to Higher Education in Science and Technology in a Caribbean Economy," Education Economics, Taylor & Francis Journals, vol. 11(1), pages 1-10.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:22912. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.