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- W2390720522 abstract "Based on the co-integration analysis and causality method, this paper investigates the relationship between human capital and economic growth of China. Follow the hypothesis that formal education can increase human capital account, we test the long run relationships between education structural variables, overall variables and GDP in China. The results show that there are long-term co-integrations between the variables. At the same time, the popularity of the compulsory education and growth of the rate of labor force with higher education have significantly promoted economic growth. The economic growth, in turn, drives the progress of middle and higher education enterprise to a great extent. But, there are still many problems that should be disposed of, such as insufficient investment in education by our government and imbalanced allocation of investment in the education levels and geagraphical regions. All these could cause low utility of education investment." @default.
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- W2390720522 date "2005-01-01" @default.
- W2390720522 modified "2023-09-27" @default.
- W2390720522 title "Study on the Relationship between Human Capital and Economic Growth in China" @default.
- W2390720522 hasPublicationYear "2005" @default.
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