Evaluation of the Effect of Financial Development and Human Capital on Gross Domestic Product Growth

Publish Year: 1402
نوع سند: مقاله ژورنالی
زبان: English
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JR_AMCI-7-1_008

تاریخ نمایه سازی: 13 آبان 1402

Abstract:

The present research sought to evaluate the impact of financial development and human capital on gross domesticproduct (GDP) growth. A descriptive and correlational study was conducted. Data collection was done using the WorldBank and the International Monetary Fund data to analyze the relationship between variables. Post-event (semiexperimental) research design was applied. The current research pursued a library, analytical-causal study based onpanel data analysis. The statistical population consisted of all oil-producing countries as a case study from ۲۰۰۶ to۲۰۲۰. Ten oil-producing countries were selected as the statistical sample. The results revealed that human capitalpositively and significantly affect the GDP growth of oil-producing countries. Also, a significant correlation wasobserved between financial development and GDP growth of oil-producing countries.

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Authors

Tayebeh Shahriyari

Department of Management and Accounting, Islamshahr Branch, Islamic Azad University, Islamshahr, Iran

Somayeh Shokravi

Department of Management and Accounting, Islamshahr Branch, Islamic Azad University, Islamshahr, Iran

Ali Asghar Lotfi

Department of Economics, Islamic Azad University, Islamshahr branch, Islamshahr

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