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ORIGINAL RESEARCH article

Front. Polit. Sci.
Sec. Comparative Governance
Volume 6 - 2024 | doi: 10.3389/fpos.2024.1446044

Inclusive Human Development and Governance: A Panel Data Analysis of Selected Asian Countries

Provisionally accepted
TASOS STYLIANOU TASOS STYLIANOU 1*Rakia Nasir Rakia Nasir 2Muhammad Waqas Muhammad Waqas 3Uzma Nisar Uzma Nisar 4
  • 1 University of Macedonia, Thessaloniki, Greece
  • 2 University of Management and Technology, Lahore, Lahore, Punjab, Pakistan
  • 3 University of Sargodha, Sargodha, Punjab, Pakistan
  • 4 University of Lahore, Lahore, Punjab, Pakistan

The final, formatted version of the article will be published soon.

    This study examines the role of governance in promoting inclusive human development across twenty-four selected Asian countries by analyzing panel data from 2010 to 2022. The World Bank's inequality-adjusted human development index is used as a measure of inclusive human development. Six governance indicators are analyzed as independent variables in each regression model, along with three control variables: trade openness, competitiveness, and developmental expenditure. The results of panel unit root tests, LLC, and ADF show that all the variables have the same order of integration. Ten different regression analyses are conducted, including six indicators, three dimensions, and an overall index. Principal component analysis is used to develop dimensions and an overall governance index. The findings of the study reveal a significant relationship between most of the governance indicators and inclusive human development in selected Asian countries. The study shows that political stability, governance effectiveness, rule of law, and control of corruption promote inclusive human development in selected Asian countries. However, voice, accountability, and regulation quality indicators are not significant. Developmental expenditure and competitiveness are identified as key factors for promoting inclusive human development. Moreover, all three dimensions of governance enhance inclusive human development in selected Asian countries.

    Keywords: Inclusive human development, governance, Asian countries, Panel data analysis (PDA), development expenditure

    Received: 10 Jun 2024; Accepted: 26 Aug 2024.

    Copyright: © 2024 STYLIANOU, Nasir, Waqas and Nisar. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

    * Correspondence: TASOS STYLIANOU, University of Macedonia, Thessaloniki, Greece

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