Abstract

The purpose of this study is to look into the role of infrastructure, financial development (FD), and urban population (UP) in the economic growth (GDP) of a few Asian countries. The research used panel data methodology, using time spans from 2003 to 2019. GDP is used as the dependent variable, and the education index, health index, financial development, and urban population are used as independent variables in this study. The authors have used the random effect technique to highlight the role of infrastructure and financial development in the growth potential of Asian economies. The study findings indicated that health and education, and financial development with urban population have enhanced economic growth in these selected Asian countries. It is suggested that Government must play a major role in enhancing more and free-of-cost education in society and must focus on improving the infrastructure of society for further growth and development.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.