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Research on the Contribution of Education to Economic Growth

Author: HuDanDan
Tutor: MaLiPing
School: Capital University of Economics
Course: Statistics
Keywords: Investment in education Economic growth Spillovers
CLC: G40-054
Type: Master's thesis
Year: 2006
Downloads: 1620
Quote: 8
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Abstract


This paper is divided into theoretical research and empirical analysis summary, the use of statistical methods of qualitative analysis and quantitative analysis method of combining. In the theoretical analysis, this paper first defines economic growth and investment in education, define the start, the development of the theory of economic growth are reviewed, outlining the various stages of economic development model for educational research analyzes the economic contribution made necessary background and correlation analysis; presentation and study the characteristics of China's investment in education and related indicators, explaining the process of development of education in China, and the Chinese and the world's investment in education systems of several countries and channels and other related aspects of the comparison, the final proposed the development of China's education development and the future direction of the economy. In the empirical analysis, by calculating the output of education to economic growth and the spillover effects of education and the first, second and tertiary industries correlation to examine the efficiency of investment in education and investment in China's education problems, and thus make relevant policy recommendations. Using statistical methods and models have correlation coefficients, Feder model and regression analysis. The core of the research idea is that education has an important input for the effects of economic output impact, through empirical study of Chinese investment in education and GDP output relationship, and China's education for the first, second and tertiary industries according to their contribution the characteristics of different industries, as well as China and foreign countries comparing the educational effect, to illustrate the significance of investment in education, which is reviewed on the development of education. This paper uses statistical methods to specific applications are: the correlation coefficient is calculated through education and economic development a high degree of correlation; through Feder model to calculate the indirect effects of education in China - spillover effects; through Panel Data Model for China and United States, Britain and other developed countries to compare the educational effects; through the Granger causality test and regression analysis to validate our education and the first, second and third industry relationships to calculate China's education industry, the driving force for the three size . Finally the deepening development of educational theory and China and several other developed countries the results of comparative education system, anatomical development of Chinese education currently exist some problems, come to promote investment in education to economic growth is a positive spillover effects of policy recommendations: Although education The spillover effect is quite large, but you need an education to make education a large spillover effects fully reflect the environment, because China's education sector inefficiencies offset most of the spillover effects. This paper also proposed the government to increase capital investment, reform of the education funding system, the development of education and financial advice.

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CLC: > Culture, science,education, sports > Education > Education > The relationship between education and other sciences,education branch > Economics of education
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