Determinants of Human Development Index: An Econometric Analysis of Indian States

International Journal of Economics and Management Studies

© 2022 by SSRG - IJEMS Journal

Volume 9 Issue 6

Year of Publication : 2022

Authors : Mintu Kalita

10.14445/23939125/IJEMS-V9I6P103

How to Cite?

Mintu Kalita, "Determinants of Human Development Index: An Econometric Analysis of Indian States," SSRG International Journal of Economics and Management Studies, vol. 9,  no. 6, pp. 13-18, 2022. Crossref, https://doi.org/10.14445/23939125/IJEMS-V9I6P103

Abstract:

Instead of mere economic growth, the recent focus of economists and policymakers has been on human development. The human development index (HDI) captures the status of human development in a region/country. This paper attempts to study the variation of the HDI values of the Indian states/UTs. By applying logistic regression to data on independent variables such as road length, the number of educational institutes, and the number of hospital beds for 36 Indian states/UTs for the year 2015, we find that the variables kilometers of roads per square kilometers of area, and the number of hospital beds per 10,000 of the population have a statistically significant positive impact on HDI. Thus, states/UTs with comparatively lower HDI scores should focus on creating additional kilometres of roads per square kilometres of area, and making more hospital beds per 10,000 people available to foster human development.

Keywords:

Human development, limited dependent variable, logistic regression, the impact of infrastructure, sub-national HDI.

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