Study On Coordinative Development Of Physcal Capital And Human Capital In Economic Growth

Economic growth is the most important symbol and the process of a country obtaining the economic achievement.The rest of the world are concerned about economic growth,sustained and steady economic growth has become a goal pursed by the government.In recent years,Our country has continuously proposed slogan to transform the economical development way,More important change the economic development style has become a hot topic in NPC&CPPCC Sessions 2010, President Hu Jintao and Premier Wen Jiabao are all emphasized change the economic development style has become the urgent question. Although the strength of our economy continuously enhancing,its achievements in this respect have attracted worldwide attention.However the China has still not gotten rid of the extensive economic growth mode,we pay more attention on physical capital investment and ignore the human capital investment.Only physical capital and human capital investment ratio development coordination,it can better promote the social and economic development.Therefore,the thesis use theoretical and empirical research combined with qualitative and quantitative methods, systematically study the role of physical capital and human capital in economic growth,explore their coordination in economic growth,then present strategies and recommendation to promote the coordination,and then promote social economic stable, sustained and coordinated development,so this study has important practical significance.The thesis consists of five parts:the first part mainly introduces the background and significance of this article,defines the connotation of physical capital,human capital and economic,simply describes three stages of economic growth theory,by means of literature of review describes the relations of physical capital, human capital and economic growth;the second part describes five typical production function model in economic growth theory, established Trans-Logarithm Production Function Model for this paper;the third part,the paper present Trans-Logarithm Production Function Model based on the statistics of the GDP, physical capital, human capital and labor force.Firstly use the principal components and regression analysis in SPSS 11.5 to eliminate the multicollinearity,and then use Eviews 3.0 ADF unit root test judgment model does not suitable for cointegration test,so carry out linear regression analysis based on software of SPSS 11.5,then got the contribution rates of the substance capital, the human capital, labor and total factor productivity to economic growth. Finally we are still in extensive economic growth mode,the contribution rate of physical capital is greater than the contribution of human capital,the investment are not in harmonious proportions;the forth part,first of all analyze the coordination development status between physical capital and human capital,then comparative analysis selects the Republic of Korea and Singapore as a sample, analyze study the structure of our country physical capital investment and human capital investment,use the method of economics determine the optimum investment portfolio;the fifth part propose countermeasures and suggestions for promoting physical capital and human capital coordination,and further promote steady and rapid growth of national economy.