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Social Indicators Research

, Volume 50, Issue 3, pp 297–313 | Cite as

Causal Flow between Human Well-being and per Capita Real Gross Domestic Product

  • Krishna Mazumdar
Article

Abstract

Whether a country should try to improve human well-being of the masses or should concentrate solely on economic upliftment of the country is an alarming question in development economics. Survey of literature evidences a number of views in this respect. Present study uses the lagged dependent variable model to address the question. It attempts to find causal priority between human well-being and per capita gross real product (an indicator of economic achievement of a country). In this context it uses three core indicators of human well-being life expectancy at birth, infant survival rate and adult as well as three broad income groups: high, middle and low.

Keywords

Survival Rate Development Economic Life Expectancy Variable Model Domestic Product 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 2000

Authors and Affiliations

  • Krishna Mazumdar
    • 1
  1. 1.Economic Research UnitIndian Statistical InstituteCalcultaIndia

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