Effect Analysis of Human Capital Based on the Endogenous Growth Models——Taking Shandong for Example

This paper establishes an econometric model of Shandong economic growth,and by using the econometric methods,this paper makes an analysis for the relationship between human capital of Shandong Province and its economic growth.The conclusion indicates that the human capital of Shandong Province and its long-term economic growth have a balanced relationship,and the human capital makes a contribution to the economic growth in Shandong Province,with a 0.112 elasticity.The stock of Shandong human capital grows slowly,and economic growth mainly depends on the part of the rapid growth of physical capital investment.The function of the human capital in the process of economic growth in Shandong Province is not obvious.On the basis of the findings,this paper recommends promoting the investment as well as accumulation of human capital and accelerating the speed of economic growth,looking forward to making the economy of Shandong Province developed smoothly and faster.