A Positive Analysis of the Effect of Human Capital on Economic Growth in Yunnan
Yuan Hong-hui
Abstract
Yuan Hong-hui
Abstract
The relationship between the human capital and economic growth indicates that the higher human capital increases,the larger the effect that it has on the economic growth becomes.The paper measures the level of human capital with the year accumulation method.An econometric model is used to measure and determine the function on economic growth by labor quantity and human capital from1979 to 2004.The results of econometric analysis are:the effect of human capital is higher than that of labor quantity.So improving the labor quality is an important way in economic growth in Yunnan.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
The relationship between the human capital and economic growth indicates that the higher human capital increases,the larger the effect that it has on the economic growth becomes.The paper measures the level of human capital with the year accumulation method.An econometric model is used to measure and determine the function on economic growth by labor quantity and human capital from1979 to 2004.The results of econometric analysis are:the effect of human capital is higher than that of labor quantity.So improving the labor quality is an important way in economic growth in Yunnan.
Key concepts: Human capital, Economics, Capital deepening, Econometric analysis, Physical capital, Econometric model, Capital (architecture), Labour economics