Loading...
Financial development, economic growth and human capital accumulation: what is the link?
Das, K. Harper, J.
Das, K.
Harper, J.
Publication Date
2014-07
End of Embargo
Supervisor
Rights
Peer-Reviewed
Yes
Open Access status
Accepted for publication
Institution
Department
Awarded
Embargo end date
Collections
Additional title
Abstract
A number of studies have explored the factors influencing financial development. Among them are national legal origin, settler mortality hypothesis, institutional factors, political factors, macroeconomic policies including capital account openness, social capital and also cultural factors. The relationship between financial development, human capital and economic growth, although acknowledged in the theoretical literature remains less explored at the empirical level. In this study we examine interaction between financial development, human capital and economic growth. The study aims to understand and examine how financial development is related to human capital accumulation and economic growth in a unified framework. In a cross-country panel data context using rigourous econometric techniques we examine these questions.
Version
Accepted manuscript
Citation
Das K, Harper J and Arora RU (2014) Financial development, economic growth and human capital accumulation: what is the link? 55th Annual Conference of the New Zealand Association of Economists (NZAE). 2-4 Jul 2014, Auckland, New Zealand.
Link to publisher’s version
Link to published version
Link to Version of Record
Type
Conference paper