Analysis of the role of Chongqing higher education in the contribution to local economic development
Bai Zhi-li
Abstract
Bai Zhi-li
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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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