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http://ir.lib.seu.ac.lk/handle/123456789/1897
Title: | The relationship between financial development, human capital development and economic growth in Sri Lanka. |
Authors: | Jahfer, A. Rauf. F.H.A. |
Keywords: | Financial development Human capital development Economic growth Sri Lanka |
Issue Date: | 1-Nov-2016 |
Publisher: | Faculty of Management and Commerce- (SEUSL). |
Citation: | 5th Annual International Research Conference- 2016, on “Value addition evidence based innovation from management sciences to society" pp 30-39. |
Abstract: | Abstract This paper examined the relationship between the financial development, Human Capital Development investment and economic growth in Sri Lanka using annual data over the period 1961 to 2015. Johansen Co-integration Technique and Vector Error Correction Model were used to investigate the relationships. The results demonstrated that there is a long-run equilibrium relationship. Further, human capital development and financial development causes economic growth. And economic growth causes human capital development. But no strong evidence that financial development causes human capital development Moreover, findings concludes that human capital development and financial development are matter for the economic growth of Sri Lanka. |
URI: | http://ir.lib.seu.ac.lk/handle/123456789/1897 |
Appears in Collections: | 5th Annual International Research Conference - 2016 |
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The Relationship between Financial.pdf | 746.77 kB | Adobe PDF | View/Open |
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