| Necessary funds are the basic premise and material guarantee during the higher education development. If higher education funding couldn’t meet the demand of higher education, it would influence the personnel training quality and restrict the development of higher education. Government’s financial investment is the main source of funding for higher education. In our thought, public expenditure on higher education is always short. Actually, the public expenditure on higher education is not the more the better, the standard is whether to achieve the optimum equilibrium state of coordination development with local economic. For example, the economy developed faster than higher education in Guangdong province, leading to the" excessive investment in higher education". Then, how is the financial investment circumstance in Jiangxi higher education? This research is based on the public expenditure on Jiangxi higher education, through qualitative and quantitative methods to see whether it is enough. At the end, I would analyse the reasons and put forward the corresponding countermeasures.The study is divided into five chapters. The first chapter is the introduction, the second and third chapters explain the theoretical basis and practical basis, the fourth and fifth chapters describe the present situation, the reasons and countermeasures of problems on higher education financial investment in Jiangxi province. The specific contents and conclusions are as follows:Chapter I introduced the research background, the research summary and the research methods. This paper aims to clear the higher education financial investment in Jiangxi province. So based on reading large amounts of research review about financial input on education, I further clarified the ideas and methods of the research.Chapter II analysed the theoretical basis which government’s financial investment was the main part of higher education funding. After reading public goods theory, we knew that higher education had the character of public product and had very strong externality, so the government should serve as the main body of investment in higher education. After reading human capital theory, we knew that in the process of economic development, human capital is the driving force for economic growth, and the transformation from human resource to human capital need to use education to achieve. After reading economic growth theory, we knew that education can promote local economic growth, but the education is not always positively correlated with economic growth, and whether the increasing on education expenditure would bring economic growth also needs further inspection.Chapter III used the statistical methods to explain the relationship between higher education finance funds and local GDP. Through stationary test, co-integration test, and establishing an error correction model to find that, the marginal rate of contribution of Jiangxi higher education’s financial investment on local economic growth is0.00175, which means that in the long run, if other factors remain unchanged, each1000yuan increasing of public expenditure on Jiangxi higher education would bring175000yuan GDP increasement. This chapter made clear the necessity of government’s financial investment on higher education through empirical analysis, to provide the realistic basis for the further study. It is the main innovation points.Chapter IV inquiried the situation of higher education finance funding in Jiangxi province, by using comparative research methods. Firstly, I analyzed the trend that government expended on Jiangxi higher education over the years, then compared Jiangxi government’s input level with other compared areas, to see whether public input is sufficient. Through the longitudinal analysis, we knew that:public expenditure on per student decreased dramatically during2002-2005with higher education enrollment expansion; the proportion of higher education finance expenditure to local fiscal expenditure was not in accordance with the " two proportion " requirement to increase year by year,that means the fiscal policy was not implemented completely. Conclusions by comparison are as follows:at the aspect of the absolute number of government’s total and per capita input, Jiangxi province are lower than the domestic average level, compared with the international level is a greater gap; about the proportion of public expenditure to total higher education funds, Jiangxi is far below the national average, leading to excessive individual burden of higher education funding; about the public expenditure on educational institutions as a percentage of GDP and government public expenditure, across the country Jiangxi is above the average, but compared with the international level, the rate is low; about the internal structure of higher education financial funding, the scientific research funding ratio is lower than average level.According to the conclusion of the last chapter, chapter V analyzed the reasons and countermeasures of insufficient financial investment in higher education Jiangxi province. The author thought that government’s insufficient investment in higher education is mainly composed of less-developed local economy, local government’s inadequate effort, insufficient investment from central government, unreasonable financial appropriation pattern and are incompletely implement of education financial policies.And the countermeasures are Improve Jiangxi local economy level, make greater effort to increase proportion of public expenditure, Strive for more financial support from central government, Optimize financial allocation pattern and Speed up the implementation of fiscal policyChapter VI is the conclusion of this study, summarized the main research points, possible innovation, defects and prospects. |
