DefinePK

Abstract

The primary objective of this paper is to examine the influence of education on SAARCmembers' economic growth to estimate panel data periods from 1990 to2019, the currentstudy employed panel unit root such as ADF Fisher Chi-square, LLC and IP&SW and forlong-run and short-run co-integration applied PMG approach, Kao (1999) co-integration, andDumitrescu-Hurlin Panel Causality test. Primary School Enrollment (PSE), SecondarySchool Enrollment (SSE), and Tertiary School Enrollment (TSE) have a constructive andsignificant influence on GDPPC growth in the long term but have a negligible outcome inshort run. In all three models, negative noteworthy value of ECM suggests junction from theshort term to long-run equilibrium. Moreover, there is a unidirectional causal associationrunning from PSE, SSE, and TSE to GDPPC. This study concluded that the governmentshould place a greater emphasis on education to stimulate economic growth.