An Empirical Study of Economic Growth,Human Capital and Financial Development in Qingdao City

• 作者: Liping KE
• 来源期刊: 亚洲农业研究：英文版
• 学科: 经济
• 关键词: FINANCIAL development Human CAPITAL GRANGER test C
• 年，卷（期）: 2015,（3）
• 页码范围: 61-66
• 页数: 6页
• 分类号: F127

摘要

Human capital and finance can boost economic growth,and this paper performs an empirical test of economic growth,human capital and financial level,and finds that there is a long-term stable dynamic equilibrium relationship between the three.Results show that the finance and human capital in Qingdao City go through six stages( " imbalance-on the verge of imbalance-narrow coordination-primary coordination-intermediate coordination-well coordination"),and during the coordination process,human capital significantly lags behind.Therefore,it is necessary to increase human capital,accelerate the coordination between finance and human capital,and further promote the development of economic level.