<p>The present research investigates the critical elements that influence the relationship between human capital and green economic growth in India. To achieve this aim, the Grey-DEMATEL (GDANP) technique was utilized for the period of 1990 to 2020. Human capital was assessed by health, education, and innovation potential, while green economic growth assessed by green GDP, FDI, the prevalence of poverty, income inequality, and income per capita. The outcomes indicate that income per capita and patent applications play a significant role in the interaction between human capital and green growth in India. Additionally, govt. expenditure in R&amp;D, FDI and income inequality are the primary factors that affect the relationship among all variables in India. The findings of the study suggest that investment in R&amp;D, and FDI, should be increased along with improvement in the quality of human capital, as they have a direct impact on the interaction between the two. This was a pioneering endeavour to tackle crucial issues in the Indian economy, such as green growth and inclusive development.</p>

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Exploring nexus between human capital and green economic growth in India

  • Pooja Yadav

摘要

The present research investigates the critical elements that influence the relationship between human capital and green economic growth in India. To achieve this aim, the Grey-DEMATEL (GDANP) technique was utilized for the period of 1990 to 2020. Human capital was assessed by health, education, and innovation potential, while green economic growth assessed by green GDP, FDI, the prevalence of poverty, income inequality, and income per capita. The outcomes indicate that income per capita and patent applications play a significant role in the interaction between human capital and green growth in India. Additionally, govt. expenditure in R&D, FDI and income inequality are the primary factors that affect the relationship among all variables in India. The findings of the study suggest that investment in R&D, and FDI, should be increased along with improvement in the quality of human capital, as they have a direct impact on the interaction between the two. This was a pioneering endeavour to tackle crucial issues in the Indian economy, such as green growth and inclusive development.