Int. J. Education Economics and Development, Vol. 1, No. 2, 2009 179
Copyright © 2009 Inderscience Enterprises Ltd.
Is there any causality between human resource
development and economic growth? A provincial
case study on Pakistan
Muhammad Shahbaz*
COMSATS Institute of Information Technology,
M.A. Jinnah Building Defence Road,
Off Raiwind Road, Lahore, Pakistan
Fax: +92 (42) 9203100
E-mail: villager@hotmail.com
*Corresponding author
Naveed Aamir
Social Policy and Development Centre,
House No.15, Maqbool Cooperative Housing Society,
Block 7/8, Karachi, 75400 Pakistan
Fax: 092214534285
E-mail: naveedaamir@spdc.org.pk
Shaista Alam
Applied Economics Research Centre,
University of Karachi, Karachi, 75270 Pakistan
Fax: (021)-9261545
E-mail: shaista_aq@yahoo.com
Abstract: The present study aims to investigate the causality between
economic growth and human resource development. In doing so, LLL (Larsson
et al., 2001) panel co-integration rank test for heterogeneous panel models and
recently developed panel causality tests by Hurlin and Venet (2001) are
employed on panel of four provinces. The results of panel rank tests indicate
that there exists a long run relationship between human resource development
and economic growth in Pakistan. The results based on panel homogeneous
causality hypothesis show that economic growth does not cause human
resource development, while human resource development causes economic
growth. However, panel non-homogeneous hypothesis suggest that there exist
bi-directional causality relationship between human resource development and
economic growth in Pakistan. The empirical evidence of heterogeneous
causality hypothesis confirms the existence of bi-directional casual relationship
between human resource development and economic growth in Punjab, while
human resource development causes economic activity in Sind.
Keywords: economic growth; human resource development; Pakistan.
Reference to this paper should be made as follows: Shahbaz, M., Aamir, N.
and Alam, S. (2009) ‘Is there any causality between human resource
development and economic growth? A provincial case study on Pakistan’,
Int. J. Education Economics and Development, Vol. 1, No. 2, pp.179–200.