Analyzing the Impact of Government Expenditure, Institutional Factors, Foreign Direct Investment, Public Investment, and Technological Innovations on Human Development Index in Pakistan and China

Sadia Safdar, Mubashir Manzoor, Saif Ur Raman and Salman Masood Sheikh
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Sadia Safdar: Faculty of Economics and Commerce, Superior University Lahore Pakistan
Mubashir Manzoor: Faculty of Economics and Commerce, Superior University Lahore, Pakistan
Saif Ur Raman: Associate Professor, faculty of Economics and Commerce, Superior University Lahore Pakistan
Salman Masood Sheikh: Dean & Professor, Faculty of Economics and Commerce, Superior University Lahore, Pakistan

Bulletin of Business and Economics (BBE), 2024, vol. 13, issue 2, 1231-1235

Abstract: The prime objective of this study is to inspect the Impact of Government Expenditure (GE), Institutional Factors (IF), Foreign Direct Investment (FDI), Public Investment (PI), and Technological Innovations (TI) on Human Development Index (HDI) in Pakistan and China during the period from 1997 to 2017. The study broadly analyses and join in both theoretical and empirical literature pertaining to this subject. It commences by providing an overview of Impact of Government Expenditure (GE), Institutional Factors (IF), Foreign Direct Investment (FDI), Public Investment (PI), and Technological Innovations (TI) on Human Development Index (HDI) in Pakistan and China. Afterward, it categorizes current literature based on theoretical and empirical insights found in available works. Furthermore, the paper puts light on theoretical approaches that explain how it works. To conclude, the article recommends three auspicious proportions for future research in this area. By judgmentally investigating and creating prevailing theories and research, this study plays its role while understanding of the connection Between Government Expenditure (GE), Institutional Factors (IF), Foreign Direct Investment (FDI), Public Investment (PI), and Technological Innovations (TI) on Human Development Index (HDI) in Pakistan and China.

Keywords: Government Expenditure (GE); Institutional Factors (IF); Foreign Direct Investment (FDI); Public Investment (PI); and Technological Innovations (TI); Human Development Index (HDI) (search for similar items in EconPapers)
Date: 2024
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