scholarly journals The Influence of Financial Capital, Human Capital, and Natural Resources Capital on Economic Growth and Its Impact on Community Welfare in the Industrial Area of Batam City of Riau Island Province

2020 ◽  
Vol 4 (7) ◽  
pp. 308-314
Author(s):  
Dhenny Asmarazisa ◽  
Tri Ratnawati ◽  
Nekky Rahmiwati
2021 ◽  
Vol 23 (2) ◽  
pp. 107-121
Author(s):  
Cuéllar Pavón

As proposed by the current theoretical framework, the fact that the economic growth of a country depends not only on the formation of physical and human capital and the sustainable exploitation of its natural resources, but also on the financial inclusion that allows economic agents to find solutions to liquidity restrictions and channel savings towards productive investment is exhibited in this paper. By matching multiple databases, static and dynamic panel estimates are developed, verifying the robustness of results and the endogenous nature of economic growth. The current research demonstrates that social inclusion is not only the desired result of economic growth, but a required input for its future sustainability.


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