Artikel

The nexus between higher education and economic growth: An empirical investigation for Pakistan

The study investigates the role of higher education in economic growth for Pakistan between 1972 and 2005 using the application of Johansen Cointegration and Toda & Yamamoto (1995) Causality approach in Vector Autoregressive (VAR) framework. It examines whether higher education affect long run economic growth in Pakistan. The empirical analysis reveals that there is a long run relationship between economic growth and higher education, which suggests that these variables are necessary for each other. The empirical results of causality test indicate that there exists a unidirectional causality running from economic growth to higher education and no other direction of causality found between these variables.

Language
Englisch

Bibliographic citation
Journal: Pakistan Journal of Commerce and Social Sciences (PJCSS) ; ISSN: 2309-8619 ; Volume: 3 ; Year: 2009 ; Pages: 1-9 ; Lahore: Johar Education Society, Pakistan (JESPK)

Classification
Wirtschaft
Subject
Pakistan
Higher Education
Economic Growth
Cointegration and Causality

Event
Geistige Schöpfung
(who)
Chaudhary, Amatul R.
Iqbal, Asim
Gillani, Syed Yasir Mahmood
Event
Veröffentlichung
(who)
Johar Education Society, Pakistan (JESPK)
(where)
Lahore
(when)
2009

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Chaudhary, Amatul R.
  • Iqbal, Asim
  • Gillani, Syed Yasir Mahmood
  • Johar Education Society, Pakistan (JESPK)

Time of origin

  • 2009

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