Abstract
This paper selects 31 provinces (autonomous regions and municipalities) of China and divides them into three areas with four indicators—economic output, physical capital input, labor input and education years in 2004 to 2013 as data samples and adopts the theory of aggregate production function and least square method to establish a mathematical model of the relationship between education and economic growth, and concludes the following conclusion: The rate of China’s education contribution towards economic growth is 9.82%. The economic growth rate of human capital level for education per capita in the eastern area is 11.513%, which is higher than the national average level, while the economic growth rate of education in the central and western area is respectively 9.221% and 5.479%, which is lower than the national average level.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
