Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition) ›› 2020, Vol. 22 ›› Issue (5): 48-60.doi: 10.19722/j.cnki.1008-7729.2020.0212

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Human Capital Stock, Economic Growth and Regional Differences#br# — Empirical Analysis Based on Provincial Panel Data#br#

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  1. School of Economics and Management, Beijing University of Posts and Telecommunications,
    Beijing 100876, China
  • Received:2020-08-03 Online:2020-10-30 Published:2020-11-06

Abstract: Based on the panel data of various provinces (autonomous regions and municipalities) from the year of 2000 to 2017, the influence of human capital stock on China’s economic growth is tested through fixed effects. Studies have shown that education duration of employees has been increasing, but the differences among regions are obvious; the regression analysis results by provinces show that human capital stock only promotes the economic growth of 16 provinces (autonomous regions and municipalities), but its role in other regions has not been fully played; in addition, human capital stock has had a significantly positive impact on economic growth of the eastern and central regions, but the impact on the economic growth of the western region is not obvious. The main reason is that human capital stock in the western region is small and this means that when human capital stock has accumulated to a certain level, it can effectively promote economic growth.

Key words: human capital, economic growth, regional differences

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