2008•Journal of Chongqing Technology and Business UniversityRequires access

Analysis of the role of Chongqing higher education in the contribution to local economic development

Bai Zhi-li

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Abstract

This paper studies and discusses the economic function of higher education,which is of great importance to making higher education play a role in coordinated development of economy and society.According to intrinsic economic growth theory,this paper uses Cobb-Douglas production function to construct labor-increasing function of education investment and makes estimation on contribution rate of Chongqing higher education to local economic development during 1990-2000 and 2000-2004 and analyzes the role of Chongqing higher education in local economic development and gives corresponding suggestions.

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What this paper is about

This paper studies and discusses the economic function of higher education,which is of great importance to making higher education play a role in coordinated development of economy and society.According to intrinsic economic growth theory,this paper uses Cobb-Douglas production function to construct labor-increasing function of education investment and makes estimation on contribution rate of Chongqing higher education to local economic development during 1990-2000 and 2000-2004 and analyzes the role of Chongqing higher education in local economic development and gives corresponding suggestions.

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Available abstract

This paper studies and discusses the economic function of higher education,which is of great importance to making higher education play a role in coordinated development of economy and society.According to intrinsic economic growth theory,this paper uses Cobb-Douglas production function to construct labor-increasing function of education investment and makes estimation on contribution rate of Chongqing higher education to local economic development during 1990-2000 and 2000-2004 and analyzes the role of Chongqing higher education in local economic development and gives corresponding suggestions.

Key concepts: Investment (military), Construct (python library), Local economic development, Economics, Function (biology), Production (economics), Economic growth, Higher education

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