August 22, 2025KMC JournalOpen Access

Drivers of Economic Growth in South Asia: An Empirical Panel Data Study

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Economic growth rate in South Asia is positively influenced by population growth and gross capital formation, while negatively impacted by foreign direct investment and inflation.
The study highlights that foreign direct investment and government expenditure have adverse effects on economic growth in the region.
Analysis employed a fixed effect model using panel data from the World Bank covering the period from 2001 to 2023.
Findings underscore the need for policymakers to enhance capital investments and harness population dynamics for sustainable economic growth.

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Implication

Empirical analysis shows economic growth rate in South Asia is influenced by population growth and capital formation, indicating areas for policy focus.

Cite This Study

Pitambar Sapkota (2025) studied this question.

synapsesocial.com/papers/68af735d7567bf4f94fed03b https://doi.org/10.3126/kmcj.v7i2.83457

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Implication

Empirical analysis shows economic growth rate in South Asia is influenced by population growth and capital formation, indicating areas for policy focus.

Drivers of Economic Growth in South Asia: An Empirical Panel Data Study

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Discussion

Implication

Cite This Study

Drivers of Economic Growth in South Asia: An Empirical Panel Data Study

Key Points

Discussion

Implication

Cite This Study

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