Human Capital Investment And Regional Economic Development

This text is concentrate on researching on the relationship between regional human capital investment and economic development. The article has reviewed the research results to the human capital on the development history of west economy at first, attempt to do a more overall survey to the development of the human capital theory ; Choose the breakthrough point of the thesis on this basis, combine the characteristic of regional economic development of Wuhan, choose the representative theory model and relevant economic variable to quantitative analyses the relationship of human capital investment and regional economic development through the regression model. This research attempt to combine theory analyse with empirical research, discussion the issue which focus on the relationship of human capital investment and regional economic growth, offer reference for regional economic development decision . Particularly, this literary grace measures the regression model with economy, make analysis to the contribution rate of the economic growth to the human capital investment of Wuhan; Whether meanwhile , combine the orientation of regional economic development of Wuhan , set up a model: Capital and population flow model, analyses the impact on economic growth of migration of human capital, explain the reason of Wuhan city's abundant human resources outflow; Propose a theory: The human capital structure theory, analyse the forming reason of the economic growth difference from the human capital structure. The content of the article is arranged as follows. The part of the foreword is the proposition of the question, direct against with the improper problem of human resource distribution, this part research on the area which have relatively abundant human capital to maintain and have closed relationship between human capital and material capital, and analyses the impact of human capital investment to economic growth. Chapter one mainly do a synthesis to review on western human capital theory, comment to relevant theory , and define the meaning of human capital study. The second part is choosing the representative human capital investment model to analyses , it is mainly Lucas (1988 ) about human classical model and education earning ratio model of Mincer (1974 ) to the contribution rate of economic growth of capital investment. Combine Wuhan city economic real example of state of development analyse. Choose relevant time series data and economic indicators, quantitative analyses the effects of human capital investment to regional economic development of Wuhan. Chapter four mainly put forward relevant policy recommendations and theoretical direction , so as to instruct real economy to run.