Accumulation of Human Capital,Economic Growth and Regional Difference——An Empirical Study Based on Chinese Provincial Panel Data

The paper,based on Chinese provincial panel data from 1990 ~ 2000,uses systematic GMM estimation method to empirically test the influence of human capital on China's economic growth by controlling the factors of labor,capital,opening to the outside and so on. The regression analysis at the national level shows that the accumulation of human capital has the positive influence on economy. The robust test of different regions shows that human capital can promote the economic growing of eastern,western and middle region. But the effect of human capital on economic growing has regional heterogeneity. And western regions' human capital has the largest marginal effect on economic growing,the second is the central region,and the eastern regions' human capital has the least marginal effect on economic growth. It means that human capital' s cross area transfer have good effect on Chinese economic growth,it also have good effect on shortening the economic distance between different regions and realizing the harmonious development.