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Human Capital Investment Structure On Economic Growth In Anhui Province Impact Study

Posted on:2013-06-05Degree:MasterType:Thesis
Country:ChinaCandidate:Q GaoFull Text:PDF
GTID:2249330395990465Subject:Labor economics
Abstract/Summary:PDF Full Text Request
Human capital theory and the theory of economic growth are two important branches of economics. There are a large number of scholars who has investigated deeply on the effect of economic growth, which is caused by the human capital investment. The basic conclusion is as follows:compared to the physical capital, the contribution of human capital investment (especially education capital investment) to economy development is larger and larger. However, most researchers usually focused on economic growth caused by human capital investment and education capital investment, neglecting the impact from structure of human capital investment and health investment on economic growth. Since the beginning of our reform and opening up program in1978, China has undergone earth-shaking changes and achieved world-stunning successes. Under this background, Anhui province has done a great deal. At the same time, the three main industries developed inharmoniously, and human capital invested inadequately, which caused economy grow slowly. In order to ensure sound and rapid growth of the economy, it is necessary to increase investment in human capital, and allocate a reasonable structure of human capital, which will help China gain a firm footing in this fierce global economic competition.Based on the above, the article based on the research achievements at home and abroad, combined with the specific circumstances of Anhui Province, used methods of theoretical analysis, mathematical analysis and empirical analysis, studied systematically the structure of investment in human capital on economic growth in Anhui relatively. First of all, to comb human capital theory and the theory of economic growth; Secondly, to describe the current situation of investment in human capital structural; Finally, we used a method of an empirical to study the effect of structure of investment in human capital to the economic growth of Anhui Province. The course of the study ignores the-job training and labor migration, human capital investment seen as the sum of investment in education and health investment.borrowed Cobb-Douglas production function to include investment in education, health, investment, investment in human capital stockeconometric model, including the stock of physical capital and GDP data Empirical Analysis of the1990to2010investment in education and health investment on economic growth. In order to better highlight the effect of structure of investment in human capital to economic growth in Anhui Province,used the mathematical analysis to study quantitatively the investment in human capital structure and the empirical analysis to carve time to study the effect of the economic growth from investment in education and health investment in Anhui Province.Studies have shown that:the total resources of the community under certain circumstances, investment in education and health investments there are reciprocal relationship that exists an appropriate ratio between them making the human capital increment; investment in education, health investment, investment, human capital stock and the physical capital stock have a positive impact on the economy of Anhui Province; the impact of health investment on economic growth is increasing, while the impact of investment in education is relatively decrease in amplitude.Finally, it put forward relative suggestions to promote sound and rapid development of economy in Anhui Province. In the future, we should pay more attention to optimize the investment structure in education and health, improve the relevant system, establish and perfect the relevant laws and regulations.
Keywords/Search Tags:education investment, health investment, human capital structure, economic growth
PDF Full Text Request
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