An Analysis On The Effects To Economic Growth By Human Capital In Northeast China

Development of human history is always accompanied by economic growth, we are always thinking, in the process of economic growth and development factors that play a decisive role in the end is what? Have different answers to different periods in the past most of the economic theory are emphasized physical capital for economic growth and development play a key role. Harold - Thomas is the substance a typical representative of one of the decision, but later appeared in the decision of Solow's technological progress, and North and others in the system decision, etc., at different times of Economics have on economic growth at home has a different answer.With the rise of the new economy, human capital contribution to economic growth increasing, the relative physical capital, human capital contribution to economic growth is increasingly apparent. Some economists argue that human capital will be the most important of any economic entity's capital and give full play of human potential, to develop national human capital will be a country or an enterprise can be important drivers of rapid growth.Northeast region of China has a historic contribution to economic development. Reform and opening up before the country's economic development provides a large number of raw materials, industrial equipment facilities, and outstanding professionals, reform and opening up the northeast old industrial base has to pay the huge costs to support the southeast coastal economic development. As a heavy industry base in the northeast region of China, in recent years in economic development issues encountered some difficulties and problems, such as the irrational industrial structure, lack of resources, weak infrastructure, coupled with the formation of long-planned economic system, the traditional concept lag has constituted a serious obstacle to economic development. In the past by over-relying on the kind of physical capital investment to promote economic development model, now is no longer. With the revitalization of northeast old industrial base of the strategy proposed, the Northeast region faced a critical moment of economic transition, at this time, human capital on economic growth issues will become more important. Northeast regional stock of human capital and physical capital relative to the contribution to economic growth will be more meaningful research.By empirical research, we will address the following issues: Northeast regional human capital on economic growth in the end related to the extent of the? Various indicators of the contribution to economic growth are? Physical capital and human capital contribution rate of economic growth is how much each? How much difference between Northeast and other regions in the human capital on economic growth issues?This paper focuses on the Northeast regional human capital on economic growth impact in the research process will be qualitative and quantitative methods, through qualitative methods of Northeast area of human capital in the current situation and economic Development Status, Specific funds for education and higher education from the number of students and graduates on the perspective of human capital status quo in Northeast, and then from the perspective of the gross domestic product to measure the specific status of the Northeast regional economic development, and analyzes the reasons for this situation arise. There is a quantitative research through quantitative method to northeast through the area of human capital on economic growth. Finally, theoretical and empirical research based on the economic development of Northeast to solve some of the recommendations.The thesis is divided into five chapters, the first chapter is an introduction, the main is the research background and related concepts introduced; second chapter is literature review, on the domestic and international human capital theory reviewed; the third chapter from the education funding and the Northeast area institutions of higher learning are two sides of the northeast state of human capital to GDP point of view of the economic development of Northeast China; chapter IV to establish human capital model, and models related to the indicators, including gross output, fixed capital investment, the average years of schooling, three indicators. Then the human capital model for quantitative analysis, the paper selected in 1995 - 2008 data, the establishment of a database of 14 years, calculated by SPSS17.0 multiple linear regression equation. The results obtained human capital related to economic growth, and calculate the human capital contribution to economic growth. Finally come to the conclusion of the Northeast regional human capital on economic growth process in the emergence of problems and propose solutions to these problems the proposal in order to promote economic growth in the Northeast region.Paper establishes the human capital model, and model to define the various indicators, the results obtained by quantification of human capital on economic growth there is a strong positive correlation, and calculated the correlation coefficient of elasticity as well as human capital and physical capital on economic growth contribution. The results of the following issues: First, the Northeast region's economic growth process, Physical capital is an important part of playing the role of the main driving force. But the human capital in the process of economic growth, are more and more conspicuous. Second, northeast of human capital on economic growth in the contribution rate is relatively high, and human capital in developed countries contribute to economic growth rate of more than 75% there is still a considerable gap. Third, Northeast China's investment in human capital and the eastern coastal city of are relatively large gap between per capita educations spending less. The gap between per capita spending on education resulted in the faculty, infrastructure construction, education seriously inadequate. Specific recommendations: First, the rational allocation of physical capital and human capital ratio. , In addition to increased emphasis on the role of human capital accumulation, but also strike a balance between physical capital and human capital investment ratio. Second, the government, enterprises and individuals are going to improve these three aspects to the overall level of human capital in the Northeast region. Third, the establishment of a government-led diversified investment system.