Impact Of Investment In Human Resources Through Increased Investment In Education And Financial Literacy On Economic Growth In Thailand

Abstract

This study investigates the combined effect of human capital investment through education mechanisms, and financial investment through financial literacy on economic growth in Thailand. During study period is annual at 1995 until 2020. Every data from the world bank. In doing the estimation we do an autoregressive vector estimation. We found that human capital investment and financial capital are equally important. Where the increase in education that creates skilled human beings and has high human capital supported by investment in the real sector and good financial literacy can encourage maximum economic growth in Thailand.