The Econometric Study on Effects of Chinese Economic Growth of Human Capital

被引:7
|
作者
Chang, Xianyu [1 ,4 ]
Shi, Yong [1 ,2 ,3 ]
机构
[1] Chinese Acad Sci, Res Ctr Fictitious Econ & Data Sci, Beijing 100190, Peoples R China
[2] Chinese Acad Sci, Key Lab Big DataMining & Knowledge Management, Beijing 100190, Peoples R China
[3] Univ Nebraska Omaha, Omaha, NE 68182 USA
[4] China Huarong Asset Management CO LTD, Beijing 100033, Peoples R China
关键词
human capital; heterogeneity; spillover effects; panel data; spatial econometric model;
D O I
10.1016/j.procs.2016.07.160
中图分类号
F [经济];
学科分类号
02 ;
摘要
In the case of population dividend which tends to disappear, to choose a new driving force of economic growth has become essential. In this "new normal" economy, in essence, the supply-side reform is to optimize the allocative capital, labor and land. Raising human capital may be the source of economic growth in the new situation. In academia today, there is consensus that human capital is an important driver of economic growth, but how human capital promotes economic growth mechanism remains controversial. This paper discusses mechanism and classification of heterogeneous effects of human capital on economic growth, on which hypothesis is based. It uses demographic data from the country's 30 provinces and autonomous regions to analyze and verify this. The last comprehensive actual situation in China is concluded. (C) 2016 Published by Elsevier B.V.
引用
收藏
页码:1096 / 1105
页数:10
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