Financial Development, Human Capital and Economic Growth

Guihong Wan

Asian Agricultural Research, 2014, vol. 06, issue 10, 3

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.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ags:asagre:190742

DOI: 10.22004/ag.econ.190742

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