The Role of Health and Education and Economic Growth of Pakistan

8/10/2019 The Role of Health and Education and Economic Growth of Pakistan

http://slidepdf.com/reader/full/the-role-of-health-and-education-and-economic-growth-of-pakistan 1/68

THE ROLE OF HEALTH AND EDUCATION ON

ECONOMICS GROWTH: A CASE STUDY OF PAKISTAN

A DISSERTATION SUBMITTED TO THE DEPARTMENT OF ECONOMICS IN PARTIALFULLFILLMENT OF REQUIREMENT FOR THE DEGREE OF MASTER IN

ECONOMICS

BY

MUHAMMAD YOUSOF

REG. NO. MSEC-013R12-19

SESSION 2012-2014

SUPERVISED BY

Dr. Abd! G"#$%%r A&#'

DEPARTMENT OF ECONOMICS

INSTITUTE OF SOUTHERN PUNJAB,

MULTAN



ACKNOWLEDGEMENT

ii

IN THE NAME OF ALLAH THE GREAT

BENEFICENT THE MOST MERCIFUL



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M#%&))&" Yo#sof

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DEDICATED

TO

MY REVERED PARENTS

AND

ALL RESPECTED TEACHERS

DECLARATION

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M#%&))&" Yo#sof

ROLL NO. 019

DEPARTMENT OF ECONOMICS

INSTITUTE OF SOUTHERN PUN;AB6 MULTAN

Aro-&$

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S#er-+sor

Dr A!"#$ G%&foor A'&(

C%&+r)&(

E./er(&$ E.&)+(er

ABSTRACT

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TABLE OF CONTENTS

vii



C%&/er 0 1 INTRODUCTION 21

1.1 M#'/ ,"* R*!#,%'" b*,&**' Ed#,%' #'d H*#!," 04

1.2 I',r#/*'*r#,%'#! L' 0

1.2.1 E$$*, %$ C"!d"%%d H*#!," %' Ed#,%'#! O,%(* 0

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1. I',*r/*'*r#,%'#! L' 10

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1.= M#' r**#r" Q*,%' 1

1. Ob5*,)* %$ ,"* S,d+ 1

1.9 S%* %$ ,"* ,d+ 1

C%&/er 0 3 LITERATURE REVIEW 14

2.1 S*'#r% %$ H(#' C#,#! ' P#,#' 19

2.2 Ed#,%' S*,%r ' P#,#' 23

2.3 EFFECTS OF FEMALE EDUCATION AGGREGATE 24

2.3.1 E7IDENCE 24

2.4 BARRIERS TO FEMALE EDUCATION 29

2. PUBLIC POLIC AND EDUCATION 34

2.> S((#r+ %$ L,*r#,r* R*)*& 39

C%&/er 0 5 RESEARCH METHODOLOGY 61

3.1 D#,# T+* 41

3.2 D#,# #'d S%r* 41

3.3 S#(!* 42

viii



3.4 S*!*,*d )#r#b!* 42

3. E%'%(*,r M%d*! 43

3.> S,#,,#! T*"'<* 4

C%&/er 0 6 FINDINGS AND RESULTS 64

4.1 Ord*r %$ I',*/r#,%' 4>

C%&/er 0 7 CONCLUSIONS 73

.1 R*%((*'d#,%' 3

REFERENCE 76

LIST OF TABLE

ix



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13 I(/r&;e(er&/+o(&$ L+(<s

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14



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C%&/er 0 3 LITERATURE REVIEW

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A (*',%'*d ' ',r%d,%' ,"#, '(*r% ,d* &*r* %'d,*d %' ,"*

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37 PUBLIC POLICY AND EDUCATION

33



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34





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36



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37



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38



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34 S#))&r= of L+/er&/#re Re-+e'

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39



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C%&/er 0 5 RESEARCH METHODOLOGY

40



51 D&/& T=e

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53 D&/& So#r*es

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41



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55 S&)$e

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56 Se$e*/e" -&r+&!$es:

L' V N#,r#! L%/#r,"(

V R*#! GDP

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57 E*o(o)e/r+* Mo"e$

42



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43



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L' V W Z X1L'EDUE\P Z X2L'LFPR Z X3L'GFCF Z ]

57 S/&/+s/+*&$ Te*%(+#e

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$%r(.

C%&/er 0 6 FINDINGS AND RESULTS

45



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61 Or"er of I(/e;r&/+o(

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S"&#r I'$%r(#,%' Cr,*r%' SIC.

46



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T&!$e81: ADF U(+/ Roo/ Tes/

47



V&r+&!$es Le-e$ 1s/ D+ffere(*e Res#$/

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T&!$e839!: Co8I(/e;r&/+o( Tes/ : M#@(( E/*')#!*

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M#@-*/*')#!* ,*, 'd#,* 1 %-',*/r#,'/ *<' #, ,"* 0.0 !*)*!

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48



(%d*!. T"* *rr%r %rr*,%' (%d*! %(b'* ,"* "%r,- #'d !%'/-,*r( r*!#,%'

b*,&**' #'#!+*d )#r#b!*. T"* r*!, %$ *rr%r %rr*,%' (%d*! /)*' ' T#b!*-3

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$%r r*#! GDP6 /r% $@*d #,#! $%r(#,%' #'d !#b%r $%r* #r,#,%' r#,*.

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#r,#,%' r#,* #'d /r% $@*d #,#! $%r(#,%'6 ,"* )#!* $%r r*#! GDP #'d

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T&!$e85: Error Corre*/+o( Mo"e$

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DLNRGDP-1 -0.1=994 -2.3E-0 1.40>=34 3.12E-0

0.104 .4E-0 =.0== 4.=E-0

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DLNLFPR-1 -243.30 -0.=994 229.043 0.1201 90.32 0.419 34912.4 0.23203

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-0.=42 -0.=3 0.34 0.20==4

49





#* *%'%( /r%&," # ,"* "/"*r *d#,%' *$$*, *%'%( /r%&," #$,*r # /# %$

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b+ '/ %-',*/r#,%' #'d )*,%r *rr%r %rr*,%' ,*"'<*. T"* ,d+ #!%

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%',r+ # $*& *+ )#r#b!* ,"#, **( ,% *$$*, ,"* *%'%( d*)*!%(*', %$

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*$$*'+ #'d r%d,),+ %$ !#b%r $%r* #'d *$$*, ,"* *%'%( d*)*!%(*', '

,"* !%'/ -r'. H%&*)*r6 ' ,"* "%r,-r' *d#,%' d% '%, "#)* #'+ /'$#',

r*!#,%'" &," *%'%( /r%&,".

51



T" (!* ,"*r*$%r* ,"#, *d#,%' <#!,+ **',#! ,% 'r*#* ,"* *%'%(

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71 Re*o))e("&/+o(

T"* r*%((*'d#,%' %$ ,"* ,d+ ,"#, %',r* ,"#, d*r* # "/" !*)*! %$

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*<#,%' # , #!% # )*r+ (%r,#', #r, %$ "(#' #,#!. M%r*%)*r ,"*r* dr*

'**d %$ ,d+6 &"" #'#!+* ,"* d+'#( %$ "*#!," #'d*d#,%' d*(#'d '

P#,#'6 # " ,d+ !#'/ $%r (#'+ +*#r.

REFERENCE

A'&%r,"6 M#r,"#6 K#,"!**' B**/!*6 #'d A'dr*& N+#(*,*. 199. !e Im"a#t o$

%emale &#!oolin' on %ertilit and ontra#e"tive *se (A &tud o$ %ourteen

&u+ &a!aran ountries). T"* ?%r!d B#'. L)'/ S,#'d#rd M*#r*(*',

S,d+ ?%r'/ P#*r N%. 110.

52



B#rr*r#6 A!b'%. 1990. T"* R%!* %$ M#,*r'#! S"%%!'/ #'d I, I',*r#,%' &,"

Pb! H*#!," Pr%/r#( ' C"!d H*#!," Pr%d,%'. ournal o$ evelo"ment

#onomi#s 32 >9-91.

B#rr%6 R%b*r, #'d ;%'/-&"# L**. 1993. I',*r'#,%'#! C%(#r%' %$ Ed#,%'#!

Attainment./ournal o$ 0onetar #onomi#s 323 3>3-394.

B*!!*&6 R%*(#r+ #'d E!#b*," M. K'/. 1993. Ed#,'/ ?%(*' L*%' $r%(

,"* P#,6 ' E. M. K'/ #'d M. A. H!! *d. omens du#ation in

evelo"in' ountries (3arriers, 3ene$its, and 4oli#). B#!,(%r*6 MD ;%"'

H%' U')*r,+ Pr*.

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