ECONOMIC GROWTH, HUMAN DEVELOPMENT AND GLOBAL COMPETITIVENSS

 

ECONOMIC GROWTH, HUMAN DEVELOPMENT AND
GLOBAL COMPETITIVENSS

Muchdie, Muchdie

This paper analysis direct and indirect impact of economic growth on global competitiveness,
with human development as moderator variable. Cross-section data on economic growth, human
development and global competitiveness indices were collected from 123 countries and
employed in a path analysis model. The results show that economic growth had positive and
significant direct impact on global competitiveness. Economic growth had negative and
significant direct impact on human development. Meanwhile, human development had positive
and significant direct impact on global competitiveness. Indirectly, through moderator variable
human development, economic growth had negative and significant impact on global
competitiveness. Implications of this finding were that economic growth no longer a single
important factor in development indicator for achieving global competitiveness. It is then
suggested that human development sustainably be promoted in order to make nations globally
competitive.

This paper analysis direct and indirect impact of economic growth on global competitiveness,
with human development as moderator variable. Cross-section data on economic growth, human
development and global competitiveness indices were collected from 123 countries and
employed in a path analysis model. The results show that economic growth had positive and
significant direct impact on global competitiveness. Economic growth had negative and
significant direct impact on human development. Meanwhile, human development had positive
and significant direct impact on global competitiveness. Indirectly, through moderator variable
human development, economic growth had negative and significant impact on global
competitiveness. Implications of this finding were that economic growth no longer a single
important factor in development indicator for achieving global competitiveness. It is then
suggested that human development sustainably be promoted in order to make nations globally
competitive.

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