Public Education Expenditure and Its Impact on Human Resource Development in India: An Empirical Analysis

IF 1.4 Q3 MANAGEMENT South Asian Journal of Human Resource Management Pub Date : 2019-01-18 DOI:10.1177/2322093718813407

G. Patel, M. Annapoorna

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引用次数: 14

Abstract

Abstract Societal and global advancement increasingly depends upon research, invention, innovation and adaptation; all of these are products of educated mind. Education is public good in LDCs and need Government involvement to function effectively. National Education Policies of India in 1968, 1986 and 1992 (revised) have recommended 6% of GDP to spend on education which unfortunately was on an average 3.77% in last one and half decade. This insufficient funding can be considered as one of the factors for India’s low ranking in terms of Human Development Index. Descriptive and analytical methods are used to study the relationship between Public Education expenditure and Human Resource Development of India by using the secondary data collected through the reliable sources like Ministry of human resource development and Human Development reports published by UNDP. To analyse the relationship between spending by the Government on education and improvement in quality of Human resource, Granger Causality Test is applied. The results of the study show the influence of Public education expenditure on Human Resource Development in India.

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印度公共教育支出及其对人力资源发展的影响:实证分析

社会和全球进步越来越依赖于研究、发明、创新和适应;所有这些都是受过良好教育的人的产物。教育是最不发达国家的公益事业，需要政府参与才能有效运作。印度1968年、1986年和1992年的国家教育政策(修订)建议将GDP的6%用于教育，不幸的是，在过去15年里，这一比例平均为3.77%。这种资金不足可以被认为是印度在人类发展指数方面排名较低的因素之一。使用描述性和分析性的方法来研究印度公共教育支出与人力资源开发之间的关系，使用通过人力资源开发部和开发计划署出版的人类发展报告等可靠来源收集的二手数据。为了分析政府教育支出与人力资源质量提高之间的关系，运用格兰杰因果检验。研究结果显示了公共教育支出对印度人力资源开发的影响。

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来源期刊

South Asian Journal of Human Resource Management MANAGEMENT-

CiteScore

2.30

自引率

23.50%

发文量

期刊介绍： South Asian Journal of Human Resources Management (SAJHRM) is a peer-reviewed scholarly outlet for publications on HRM in and out of South Asia. It includes countries that are members of the South Asian Association for Regional Cooperation (SAARC), namely, Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. In terms of the discipline focus, all articles broadly focusing on the theory and practice of managing human resources for the benefit of individuals, firms and community at large will be acceptable. In view of the contemporary focus on Strategic HRM, the journal coverage would also include comparative research and other related management disciplines as long as one of the key aims of the manuscript is on harnessing the potential of human capital. Considering the uneven economic development within the South Asian region, the journal encourages potential authors to explore broader implications of their scholarly views and findings on the region as a whole. A distinguishing feature of the journal is its focus on “HR in Practice”. Apart from theory, it will pay significant attention on how HRM is practiced in and out of South Asia. The journal features conceptual and empirical research papers, research notes, interviews, case studies and book reviews. In short, to be considered for publication, a manuscript should broadly focus on managing people and contextualised within one or more South Asian countries at the firm, regional, national and international levels.