DefinePK

Abstract

This research examines the impact of green technology (HDI) and economic development on human development in Pakistan, using data from 33 observations. Key variables include GDP per capita, HDI, renewable energy, education, and life expectancy at birth. The table indicates that the variables Human Development Index (HDI), Gross Domestic Product (GDP), and Renewable Energy are non-stationary at their original level; however, all three variables become stationary after the first difference. The Auto Regressive Distributed Lag model was used for analysis.  The adjustment coefficient (ECM term)  indicates that short-run deviations from the long-run equilibrium are corrected at a speed of 54.2% per year. In the short run, negative and significant lagged changes in the Human Development Index (HDI) at the first and second lags reflect persistence in HDI movements. Furthermore, changes in life expectancy from the first to third differences are all negative and statistically significant, which shows that short-term volatility in health outcomes adversely affects the human development index  HD. The effect of GDP per capita is positive and significant; hence, changes in income levels positively impact HD in the short run. School enrollment and Renewable energy did not reveal any significant effects on Human Development.
Key Words:  HDI, renewable energy, health, education, GDP, ARD