ECONOMETRIC ANALYSIS OF THE RELATIONSHIP OF ECONOMIC GROWTH AND HUMAN DEVELOPMENT IN BRICS-T COUNTRIES

Human development is an indicator of welfare other than national income; It a multidimensional concept that includes education, health and good living standards along with income. concerned the enrichment human life rather wealth countries, focuses on people themselves opportunities they have. states all should be given more choice opportunities. considers well-being beyond The aim this study to examine relationship between urbanization economic growth in BRICS-T (Brazil, Russia, India, China, Republic South Africa Turkey) countries panel data analysis methods. In study, index values for period 1990-2019, GDP per capita were used as variables. Westerlund (2006) cointegration test was CCE (Common Correlated Effects) method developed by Pesaran estimate coefficients. Accordingly, long-term coefficient variable throughout statistically significant; determined rate not significant. A 1% increase said country group increases income 8,8%.