The Impact of Higher Education and Human Capital Quality on “Local-Neighborhood” Economic Growth
Journal Title: Best Evidence in Chinese Education - Year 2021, Vol 8, Issue 1
Abstract
Based on China’s provincial panel data from 1990 to 2017 and the improved Lucas, Nelson & Phelps model, the Spatial Dubin Model is used to test the spatial effects of higher education and human capital quality. The results showed that high-level human capital, characterized by higher education and urban labor income index, indirectly promoted local economic growth through technological innovation. There was also a “local-neighborhood” synergy effect. The neighborhood effect was manifested in that it affected the economic development of neighbors by promoting technological catch-up. After considering the quality factor, both the local and neighborhood effects were enhanced. From a regional perspective, higher education in the Yangtze River Delta, where the level of economic development is relatively high, was manifested as a spatial spillover effect of technological innovation and the neighborhood effect in the northeastern Bohai Rim and the Pearl River Delta was manifested as a technological catch-up.
Authors and Affiliations
Ran Zhao, Yuhong Du
Keywords
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- EP ID EP694736
- DOI 10.15354/bece.21.ar22
- Views 123
- Downloads 0
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