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dc.contributor.authorArora, Rashmi
dc.contributor.authorJalilian, Hossein
dc.date.accessioned2020-07-03T11:01:41Z
dc.date.accessioned2020-08-13T12:50:18Z
dc.date.available2020-07-03T11:01:41Z
dc.date.available2020-08-13T12:50:18Z
dc.date.issued2020-07
dc.identifier.citationArora R and Jalilian H (2020) Financial Development, Human Capital and Economic Growth: The Indian Case. Journal of Banking, Finance and Sustainable Development. 1(1): 69-83.en_US
dc.identifier.urihttp://hdl.handle.net/10454/17944
dc.descriptionYesen_US
dc.description.abstractAlthough at the national level the relationship between financial development, human capital and economic growth has received some attention, this is largely an under-researched area at the sub-national level. Human capital may impact economic growth through the channel of innovation and along with financial development could be complementary or substitute in their relationship to economic growth. Also, human capital investment, enabled by the financial sector development, not only affects growth but also directly and indirectly affects poverty reduction through the channel of growth. In this study we examine the interaction between financial development, human capital and economic growth at the sub-national level using panel datasets covering 23 states of India for the period 1999-2013. Our analysis suggests that there is evidence of positive relationship between human capital and financial development to economic growth.
dc.language.isoenen_US
dc.relation.isreferencedbyhttp://www.collegepress.org.uk/download/rashmi-arora-and-hossein-jalilian-financial-development-human-capital-and-economic-growth-at-the-sub-national-level-the-indian-case-69-83/
dc.rights(c) 2020 College Press. Full-text reproduced with publisher permission.
dc.subjectIndiaen_US
dc.subjectHuman capitalen_US
dc.subjectEconomic growthen_US
dc.subjectFinancial developmenten_US
dc.titleFinancial Development, Human Capital and Economic Growth: The Indian Caseen_US
dc.status.refereedYesen_US
dc.date.Accepted2018-03-23
dc.typeArticleen_US
dc.type.versionAccepted manuscripten_US
dc.date.updated2020-07-03T10:01:48Z
refterms.dateFOA2020-08-14T13:31:24Z


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