Analyzing the Impact of Government Expenditure, Institutional Factors, Foreign Direct Investment, Public Investment, and Technological Innovations on Human Development Index in Pakistan and China
DOI:
https://doi.org/10.61506/01.00522Keywords:
Government Expenditure (GE), Institutional Factors (IF), Foreign Direct Investment (FDI), Public Investment (PI), and Technological Innovations (TI), Human Development Index (HDI)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.
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