Research On Human Capital Migration Effect On The Output To Economic Growth

Since the reform and opening up, with the liberalization of household management, the number of China’s increasing population mobility in the21st century, the floating population has become a huge social group. In the view of modern economics:the floating population, in fact, the flow of human capital. As an important factor of economic growth, human capital, and therefore the flow of human capital is bound to have a major impact on regional economic development. The main flow of human capital of the Central economic level is relatively backward western regions to eastern economically developed areas. In this paper, the growth model based on CD, from the point of view of endogenous growth theory analysis, while the western provinces of the data output of human capital empirical research to further explore the human capital output for export to economic growth affect the relationship.In this paper, the collection and select2000-2012between11provinces in western China (excluding Tibet Autonomous Region) of data. The key variables include the dependent variable for the2000-2012provincial gross domestic product (GDP),the key explanatory variables for human capital to migrate data provinces, Migration data from the "People’s Republic of China National sub counties demographics" Per capita human capital data from the central Chinese Human Capital and Labor Market Research (CHLR) Central University of Finance and Economics,"China Human Capital Index Report" research report related to the year of the investigation, the two can be obtained by multiplying the population of each area of migration the stock of human capital. Human capital is subtracted from the data after the migration of the region. Capital stock is derived from Haojie Shan (2008) research findings, the data between2001-2012years2006-2012capital stock draw Haojie Shan (2008) estimated the perpetual inventory method, in which the rate of depreciation of fixed capital formation in the economy’s total and Haojie Shan (2008) was10%consistent. Each index in the measurement of the estimation process, using logarithmic processing. Stata12.0metrology software using the model (3-1) and data fixed effects regression model (FE),random effects panel data model (RE) and least squares (OLS) estimate. Through theoretical and empirical analysis the following conclusions.First, in theory, the outflow of human capital outflow of economic growth negatively. The more human capital outflow, the greater the negative impact on economic growth.Second, through empirical found physical capital stock (lncapital) and human capital (Lnhuman) and economic growth at the1%significance level is very significant, suggesting that human capital and physical capital stock, the higher the more conducive to promoting economic growth. Human capital stock of migrants (Lnhuman-1d) and economic growth started to show a significant negative impact, and then from negative to positive, non-linear effects that exist between human capital and economic growth in the floating population, there is a U-shaped relationship. After that human capital stock of migrants to reach a certain level or threshold, showed a positive impact on economic growth. Got a number of previous studies related to different conclusions.