Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States

Recently, much attention is given to financial-growth nexus, but largely via the physical capital accumulation channel. This study differed by examining this nexus, via the human capital accumulation channel in the ECOWAS region. It employed panel cointegration approaches as well as the FMOLS, D...

Full description

Bibliographic Details
Main Authors:	Abubakar , Abdulsalam, Kassim, Salina, Yusoff, Mohammed
Format:	Conference or Workshop Item
Language:	English
Published:	Elsevier 2015
Subjects:	HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations
Online Access:	http://irep.iium.edu.my/46092/ http://irep.iium.edu.my/46092/ http://irep.iium.edu.my/46092/1/020a_PSBS_Abubakar-Kassim-Yusof_2015.pdf

id	iium-46092
recordtype	eprints
spelling	iium-460922016-05-23T00:57:04Z http://irep.iium.edu.my/46092/ Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States Abubakar , Abdulsalam Kassim, Salina Yusoff, Mohammed HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations Recently, much attention is given to financial-growth nexus, but largely via the physical capital accumulation channel. This study differed by examining this nexus, via the human capital accumulation channel in the ECOWAS region. It employed panel cointegration approaches as well as the FMOLS, DOLS. The results revealed that bank private credit and domestic private credit contribute significantly to economic growth in the ECOWAS, both directly and through their influence on human capital accumulation. These results imply that providing access to credit to both enterprises and individuals, through appropriate financial policies, will encourage economic growth in the ECOWAS region. Elsevier 2015 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/46092/1/020a_PSBS_Abubakar-Kassim-Yusof_2015.pdf Abubakar , Abdulsalam and Kassim, Salina and Yusoff, Mohammed (2015) Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States. In: Global Conference on Business And Social Sciences - GCBSS 2014 , 15th to 16th December 2014 , Kuala Lumpur, Malaysia . http://gcbss.org/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations
spellingShingle	HB131 Methodology.Mathematical economics. Quantitative methods HB3711 Business cycles. Economic fluctuations Abubakar , Abdulsalam Kassim, Salina Yusoff, Mohammed Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States
description	Recently, much attention is given to financial-growth nexus, but largely via the physical capital accumulation channel. This study differed by examining this nexus, via the human capital accumulation channel in the ECOWAS region. It employed panel cointegration approaches as well as the FMOLS, DOLS. The results revealed that bank private credit and domestic private credit contribute significantly to economic growth in the ECOWAS, both directly and through their influence on human capital accumulation. These results imply that providing access to credit to both enterprises and individuals, through appropriate financial policies, will encourage economic growth in the ECOWAS region.
format	Conference or Workshop Item
author	Abubakar , Abdulsalam Kassim, Salina Yusoff, Mohammed
author_facet	Abubakar , Abdulsalam Kassim, Salina Yusoff, Mohammed
author_sort	Abubakar , Abdulsalam
title	Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States
title_short	Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States
title_full	Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States
title_fullStr	Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States
title_full_unstemmed	Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States
title_sort	financial development, human capital accumulation and economic growth: empirical evidence from the economic community of west african states
publisher	Elsevier
publishDate	2015
url	http://irep.iium.edu.my/46092/ http://irep.iium.edu.my/46092/ http://irep.iium.edu.my/46092/1/020a_PSBS_Abubakar-Kassim-Yusof_2015.pdf
first_indexed	2023-09-18T21:05:36Z
last_indexed	2023-09-18T21:05:36Z
_version_	1777410912107364352

Financial development, human capital accumulation and economic growth: empirical evidence from the economic community of West African States

Similar Items