A Study About Contribution On Education Of Human Capital On Economic Growth In Shandong Province

21st century is the age of knowledge economy,the human capital especially the education of human capital has gradually become a promoting factor of economic growth.In order to research the status of Shandong province education of human capital,And its role in economic growth.This article is using literature analysis,standardized analysis and comparative analysis,factor analysis and multiple regression and other methods,describes the present situation and problems of the education of human capital in Shandong province.And combining with the economic situation in Shandong province from 1996-2014 in Shandong province education human capital on regional economic growth in Shandong province,the paper studies the output elasticity and contribution rate of.At last,it puts forward relevant countermeasures.According to the recent years in Shandong province human resources present situation and the education of human capital in the representative indicators relevant data such as sorting,analysis,Results show that the relatively rich human resources for education in Shandong province the population of human capital laid a good foundation,But from the point of population age structure,Shandong province has entered the old society,Certainly will need further development in Shandong province education human capital level to make up the shortfall.In each level by education population in Shandong province present situation analysis,In higher education in Shandong province the population proportion is still relatively low,From the point of different grade colleges quantity contrast analysis results,High level of Shandong province quality colleges and universities is not enough,There is still a large gap between the proportion of every 10,000 people in the university and the rest of the provinces.In the aspect of education funds: Both financial education funds of GDP and in China at all levels of education funds is still insufficient.In education science and technology level of human capital and other metrics,In the R&D funds and R&D personnel distribution structure of Shandong province have some problems need further adjustment.According to the education in Shandong province,an empirical analysis of the human capital and regional economic growth,Combined with effective labor model,we concluded that Shandong province education human capital and material capital to regional economic growth of output elasticity is 0.456 and 0.749,respectively.From 1996 to 2014,the human capital stock of education in Shandong province and the amount of material capital stock contributed to regional economic growth,and the mean of the two was 76.23 and 30.44 respectively.It can be seen that the contribution rate of human capital on regional economic growth in Shandong province education more than the material capital,In future economic development in Shandong province to a balanced human capital and material capital in the process,to further promote economic growth.Finally,in order to further development of economy of Shandong province,The author puts forward relevant countermeasures.