Factors Affecting Human Capital in Southern Punjab: An Empirical Analysis
DOI:
https://doi.org/10.47067/real.v4i1.125Keywords:
Human Capital, Southern Punjab, Education, HealthAbstract
Analyzing the factors affecting human capital at household level increases the productivity of people living in developing countries. A primary data was collected through a household survey to study the factors affecting human capital in Southern Punjab using Ordinary Least Squares (OLS) regression technique. The findings show that the location of the household in rural areas, occupation of the household head in the primary sector, household size, household poverty and female/male ratio shows significant and negatively affecting the human capital of the households in Southern Punjab. Moreover, per capita income, number of earners in the household, remittances are significant and positively affecting the human capital of the households in Southern Punjab. The annual budget allocation for education in Pakistan is very low, so Government should allocate a significant amount of funds to the education sector.
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