Determinants of Human Development Index (HDI): A Regression Analysis of Economic and Social Indicators

Singh, Kuldeep and Cheemalapati, Sumanth and RamiReddy, Srikanth Reddy and Kurian, George and Muzumdar, Prathamesh and Muley, Apoorva (2025) Determinants of Human Development Index (HDI): A Regression Analysis of Economic and Social Indicators. Asian Journal of Economics, Business and Accounting, 25 (1). pp. 26-34. ISSN 2456-639X

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Abstract

This study aims to investigate the factors influencing the Human Development Index (HDI). Five variables—GDP per capita, health expenditure, education expenditure, infant mortality rate (per 1,000 live births), and average years of schooling—were analyzed to develop a regression model assessing their impact on HDI. The results indicate that GDP per capita, infant mortality rate, and average years of schooling are significant predictors of HDI. Specifically, the study finds a positive relationship between GDP per capita and average years of schooling with HDI, while infant mortality rate is negatively associated with HDI.

Item Type: Article
Subjects: STM Academic > Social Sciences and Humanities
Depositing User: Unnamed user with email support@stmacademic.com
Date Deposited: 10 Jan 2025 04:43
Last Modified: 10 Jan 2025 04:43
URI: http://article.researchpromo.com/id/eprint/2603

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