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The Causal Relationship Between Human Rights and Economic Growth: A two-way causal relationship analysis using panel data Granger Causality test
Dalarna University, School of Culture and Society.
2021 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This study aims to investigate if there is any causal relationship between human rights and economic growth. The causality is tested in both directions, from human rights to economic growth and from economic growth to human rights, using a panel data Granger Causality test. The variable used to represent human rights is a human rights score and the variable used to represent economic growth is annual growth of real GDP per capita. Both of these variables are retrieved from Our World in Data. There is a total number of 81 countries included in this study with yearly observations from 1962 until 2017 on both variables. To achieve a greater depth the 81 countries were categorized into three different categories: low-income, middle-income and high-income countries. Previous studies and theories indicate that it is possible to expect a two-way causal relationship between economic growth and human rights. However, the results in this study indicate that there is no statistically significant causal relationship in any direction for any of the income categories.

Place, publisher, year, edition, pages
2021.
Keywords [en]
Human Rights, Human Development, Economic Growth, Economic Development, GDP, Granger Causality test, Panel Data
National Category
Economics
Identifiers
URN: urn:nbn:se:du-42788OAI: oai:DiVA.org:du-42788DiVA, id: diva2:1699989
Subject / course
Economics
Available from: 2022-09-29 Created: 2022-09-29 Last updated: 2022-09-29Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • chicago-author-date
  • chicago-note-bibliography
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf