Indian Journal of Economics and Development
  • Year: 2022
  • Volume: 18
  • Issue: 4

Human capital determinants and economic growth in Jammu and Kashmir: An empirical analysis

  • Author:
  • Javid Ahmad Khan1,*, Sayed Gulzar Ganai2, Showkat Ahmad Bhat3
  • Total Page Count: 8
  • Page Number: 900 to 907

1Assistant Professor Economics Islamic University of Science and Technology, 1-University Avenue, Awantipora, Pulwama-192 122 (Jammu and Kashmir)

2Research Scholar Islamic University of Science and Technology, 1-University Avenue, Awantipora, Pulwama-192 122 (Jammu and Kashmir)

3Assistant Professor Economics. Islamic University of Science and Technology, 1-University Avenue, Awantipora, Pulwama-192 122 (Jammu and Kashmir)

*Corresponding author's email: khanjavideco@gmail.com

Online published on 4 February, 2023.

Abstract

This study is an empirical investigation of human capital and economic growth in the union territory of Jammu and Kashmir, India. OLS regressions were used from 2000 to 2019 along with the Granger Causality Test from1985-86 to 2018-19 to estimate the longrun direction between the sample variables. It was found that there was a positive and significant impact of human capital on economic growth and divulged a long-run relationship with causal links between human capital investment and economic growth.A substantial amount of budgetary allocation for human capital development is a policy suggestion for the union territory of Jammu and Kashmir.

Keywords

Economic growth, Granger Causality test, Human capital, Regression