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Financial Development, Human Capital and Economic Growth

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  • Wan, Guihong

Abstract

Financial development and human capital are the important driving forces of economic and social development in Shandong Province, and the level of them as well as the degree of coordination between the two not only affects the transformation of economic development pattern in Shandong Province, but also affects the implementation of leapfrog development strategy in Shandong Province. Through the study, it is found that there is a long-term stable dynamic equilibrium relationship among economic growth, human capital and financial development; the degree of coordination between financial development and human capital in Shandong Province is constantly improved, evolving from imbalance to balance. Obviously, the coordination between financial development and urbanization construction in Shandong Province continues to improve.

Suggested Citation

  • Wan, Guihong, 2014. "Financial Development, Human Capital and Economic Growth," Asian Agricultural Research, USA-China Science and Culture Media Corporation, vol. 6(10), pages 1-3, October.
    • Handle: RePEc:ags:asagre:190742
    DOI: 10.22004/ag.econ.190742
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    Cited by:

    1. Md. Qamruzzaman & Salma Karim, 2020. "ICT Investment Impact on Human Capital Development through the Channel of Financial Development in Bangladesh: An Investigation of Quantile ARDL and Toda-Yamamoto Test," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 9, September.
    2. Avisek Sen & Arindam Laha, 2022. "Financial Inclusion and Quality of Life: Empirical Evidences from Indian States with Special Reference to West Bengal," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 47(2), pages 139-164, May.

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    Keywords

    Agribusiness;

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