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

Mohsen Mohaghegh & A.S. VALIPOUR

Theoretical and Applied Economics2020article
ABDC C
Weight
0.48

What the paper says

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 in high-income countries, but its importance falls with the country’s income level. Financial development, however, is relatively more important for mid-income countries but does not seem to have a significant impact on high-income nations. We find that lowincome countries do not benefit as much from either one of these factors.

6 citations

Cite this paper

@article{mohsen2020,
  title        = {{Income-dependent impacts of financial development and human capital on economic growth. A non-stationary panel analysis}},
  author       = {Mohsen Mohaghegh & A.S. VALIPOUR},
  journal      = {Theoretical and Applied Economics},
  year         = {2020},
}

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

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Evidence weight

0.48

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.33 × 0.4 = 0.13
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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