Income-dependent impacts of financial development and human capital on economic growth. A non-stationary panel analysis

We investigate the interdependency of financial development and human capital on economic development in a cross-country setting. We show that the impacts exhibit interesting variations across different income levels. In fact, human capital is the most important element in fostering economic growth...

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Bibliographic Details
Main Authors: Mohsen MOHAGHEGH, A.S. VALIPOUR
Format: Article
Language:English
Published: General Association of Economists from Romania 2020-12-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1507.pdf