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The Research of Fiscal Expenditure on Education of Jiangxi’s Influence to Economic Growth Rate

Author: XuYong
Tutor: LiJianFu
School: Jiangxi Agricultural University,
Course: Educational Economy and Management
Keywords: Education Funding Economic growth Feder model
CLC: F224;G467
Type: Master's thesis
Year: 2011
Downloads: 145
Quote: 0
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Abstract


The problem of this study is the contribution rate of Jiangxi financial investment in education to economic growth. On the basis of the theory of economic growth and education, economic theory, combined with the specific situation in the province of Jiangxi, Jiangxi financial expenditure and financial investment in education and economic growth since the reform and opening through the establishment of the econometric model, analyze, and emphasis on the financial education put into a role in promoting economic growth, based on theoretical and empirical perspective to identify unreasonable financial investment in education and economic growth in Jiangxi Province and propose appropriate countermeasures. That since the reform and opening up, Jiangxi attention to the cause of education overall is relatively high, but there is no doubt that with the current economic and social development of Jiangxi is not coordinated, mainly for a total investment of financial education, there more prominent structural contradictions, the efficiency remains to be further improved. This study investigated the contribution rate of investment to economic growth Empirical Analysis of Jiangxi financial education indicators is the financial expenditure and financial investment in education and Jiangxi GDP, fixed assets investment and labor, and other factors, the financial education of Jiangxi put in the relevant data for the statistical description. This paper uses econometric methods on the basis of the statistical description of Jiangxi financial investment in education, how the issue of the impact on economic growth were measured based on 1978-2009 data, analysis, and further validation of the statistical description of basic conclusion. Theoretical analysis, fiscal expenditure and financial investment in education and economic growth related concepts defined; analysis of the relationship between economic growth and various factors of production, based on in-depth summary contains these problems part of the financial investment in education. The internal mechanism put into effect on economic growth and to further explore and sort out the financial education, to provide a theoretical basis for analysis of the contribution of the financial investment in education to economic growth in Jiangxi, further economic growth of the Jiangxi Provincial Education Funding for further analysis based on, for Institute found the problem, and the results of the analysis of the model, proposed a strategic position to increase financial investment in education, and constantly improve the supervision mechanism, to protect the priority to the development of the cause of education, and pay more attention to the development of higher education and other relevant policy recommendations.

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