Qaisar Abbas|James Foreman?Peck
Human Capital and Economic Growth: Pakistan, 1960-2003
Cardiff University|COMSATS University Islamabad
paper investigates relationship human capital economic growth pakistan aggregate time series data estimated johansen 1991 approach fitted model indicates critical role human capital boosting economys capacity absorb world technical progress much higher returns including spillovers secondary schooling pakistan oecd economies consistent substantial education underinvestment pakistan similarly extremely large returns health spending compare favorably industrial investment human capital estimated accounted onefifth increase pakistans gdp per head since 1990s impact deficient human capital policies shown negative contribution economic growth