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Dynamic Links between the Economy and Human Development

Author Info

Listed author(s):
  • Gustav Ranis
  • Frances Stewart

Abstract

This paper empirically confirms the significance of various links in each of two chains over time: from economic growth (EG) to human development (HD), including EG itself, income distribution, the social expenditure ratio and female education; from HD to EG, including HD itself, along with the investment ratio. Our most important conclusion concerns sequencing over time. EG, which is an important input into HD improvement, is itself not sustainable without such improvement, either prior or simultaneous. Therefore, traditional policy advice, which argues that HD improvements must wait until EG expansion makes it affordable, is likely to be in error.

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File URL: http://www.un.org/esa/desa/papers/2005/wp8_2005.pdf
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Paper provided by United Nations, Department of Economics and Social Affairs in its series Working Papers with number 8.

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Length: 17 pages
Date of creation: Nov 2005
Handle: RePEc:une:wpaper:8
Contact details of provider: Web page: http://www.un.org/en/development/desa/working-papers.html
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Keywords: human development; economic growth; comparative country studies;

Find related papers by JEL classification:

  • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
  • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
  • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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  1. Strauss, John, 1986. "Does Better Nutrition Raise Farm Productivity?," Journal of Political Economy, University of Chicago Press, vol. 94(2), pages 297-320, April.
  2. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
  3. Berhman, J.R., 1990. "The action of human resources and poverty on one another: what we have yet to learn," Papers 74, World Bank - Living Standards Measurement.
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  5. Welch, F, 1970. "Education in Production," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 35-59, Jan.-Feb..
  6. Psacharopoulos, George, 1994. "Returns to investment in education: A global update," World Development, Elsevier, vol. 22(9), pages 1325-1343, September.
  7. Behrman, Jere R. & Wolfe, Barbara L., 1987. "Investments in schooling in two generations in pre-revolutionary Nicaragua : The roles of family background and school supply," Journal of Development Economics, Elsevier, vol. 27(1-2), pages 395-419, October.
  8. Birdsall, Nancy & Ross, David & Sabot, Richard, 1995. "Inequality and Growth Reconsidered: Lessons from East Asia," World Bank Economic Review, World Bank Group, vol. 9(3), pages 477-508, September.
  9. Persson, Torsten & Tabellini, Guido, 1994. "Is Inequality Harmful for Growth?," American Economic Review, American Economic Association, vol. 84(3), pages 600-621, June.
  10. Alesina, Alberto & Perotti, Roberto, 1994. "The Political Economy of Growth: A Critical Survey of the Recent Literature," World Bank Economic Review, World Bank Group, vol. 8(3), pages 351-371, September.
  11. Rosenzweig, Mark R & Schultz, T Paul, 1982. "Market Opportunities, Genetic Endowments, and Intrafamily Resource Distribution: Child Survival in Rural India," American Economic Review, American Economic Association, vol. 72(4), pages 803-815, September.
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Cited by:

  1. Ewa Lechman, 2013. "Social development – a multidimensional approach to social development analysis. Country level evidence," GUT FME Working Paper Series A 2, Faculty of Management and Economics, Gdansk University of Technology.
  2. Isabel Ortiz, 2007. "Social Policy," Policy Notes 6, United Nations, Department of Economics and Social Affairs.
  3. Ewa Lechman, 2012. "Technology convergence and digital divides. A country-level evidence for the period 2000–2010," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 31.
  4. Yusuke Kamiya, 2010. "Determinants of Health in Developing Countries:Cross-Country Evidence," OSIPP Discussion Paper 10E009, Osaka School of International Public Policy, Osaka University.
  5. Łukasz Goczek, 2011. "International Openness and Social Development as Endogenous Determinants of Growth," Working Papers 2011-22, Faculty of Economic Sciences, University of Warsaw.
  6. Neamtu Daniela-Mihaela & Ciobanu Oana-Georgiana, 2015. "Correlations Between Human Development And Economic Growth," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 118-122, January.
  7. Andrzej Cieslik & Jan Jakub Michalek & Jerzy Mycielski, 2012. "Social Development And International Trade In Central Europe," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 7(2), pages 7-19, June.
  8. Graafland, J.J., 2008. "Market operation and distributive justice: An evaluation of the ACCRA confession," MPRA Paper 20276, University Library of Munich, Germany.
  9. Ortiz, Isabel, 2007. "Politica Social
    [Social Policy]    ," MPRA Paper 35162, University Library of Munich, Germany.
  10. Chaudhary, Amatul R. & Chani, Muhammad Irfan & Pervaiz, Zahid, 2012. "An analysis of different approaches to women empowerment: a case study of Pakistan," MPRA Paper 37784, University Library of Munich, Germany.

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