ASSESSING THE CONTRIBUTION OF HEALTH, EDUCATION, AND TECHNICAL TRAINING TO HUMAN CAPITAL AND ECONOMIC GROWTH IN PAKISTAN

Abstract

This study investigates the impact of education, health, and technical training on Pakistan’s economic growth, alongside a review of government policies aimed at achieving sustainable development. The research is guided by three objectives: first, to estimate and analyze the effects of human capital, treated as a flow variable, on economic growth in Pakistan; second, to examine government policies related to health, education, and Technical and Vocational Education and Training (TVET) and their contribution to economic development; and third, to identify policy implications and propose future strategies based on time-series data from 2001 to 2012. The findings indicate that human capital—measured through vocational training, school enrollment rates, patient-to-doctor ratios, labor force participation, and physical capital—exerts a significant positive effect on economic growth. These results underscore the importance of prioritizing human capital development in economic policy and strategic planning to foster sustainable growth