The impact of public spending in education and health on human development in India

Dados Bibliográficos

ID12549549
AutoresMartin Ruzima (0000-0003-3945-9970, Institute of Policy Analysis and Research – Rwanda (IPAR-Rwanda), Kigali, Rwanda, autor correspondente), P Veerachamy (Department of economics, Government college for Women(A), Kumbakonam, India)
Ano2021
Volume28
Fascículo2
Páginas390-403
Data de publicação2021-08-03
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoJournal of the Asia Pacific Economy (JOURNAL)
Identificadores do periódicoISSN: 1354-7860 • E-ISSN: 1469-9648
EditoraRoutledge (PUBLISHER • GB)
DOI10.1080/13547860.2021.1952920
OpenAlexW3187140728
IdiomaEN
Citações recebidas5
Referências citadas23

This study examined the effect of public spending on education and health sectors on human development in India. Data for the period 1990–2018, obtained from UNDP and World Bank databases, were used. The ARDL model technique was used for data analysis. In the long run, the findings showed that public expenditure on health and education has positive and negative significant effects, respectively, on human development in India. In the short run, results indicated that the public expenditure on health and education has positive and negative respectively insignificant impacts on human development in India. In addition, GDP per capita has been found to have positive but insignificant impact on human development for both long run and short run. The findings of this article suggest that government of India should rise funding for health and education with proper targeting

Demographic economics · Development economics · Economic growth · Economics · Environmental health · Government (linguistics · Government Expenditure · Government spending · Health care · Health spending · Human development (humanity · Human Development Index · Human health · Macroeconomics · Per capita · Political science · Politics · Public expenditure · Public finance · Public health · Public spending · Short run · Socioeconomics · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Global Health Care Issues · Medicine