• DocumentCode
    632205
  • Title

    Research on influence of human capital on the economy growth based on the extended solow model

  • Author

    Li De-huang ; Xia En-jun

  • Author_Institution
    Sch. of Manage. & Econ., Beijing Inst. of Technol., Beijing, China
  • fYear
    2013
  • fDate
    17-19 July 2013
  • Firstpage
    1460
  • Lastpage
    1465
  • Abstract
    Based on analyzing effluence factor of human capital and relationship between human capital and economic growth, We established a comprehensive measurement system of human capital on four dimensions which were education, labor retraining, physical and mental health of labor and the rational flow of labor; On this basis, the paper using sample data form statistical yearbook of 1990-2010, the measurement of comprehensive level of human capital by factor analysis, and then puts the result of human capital stock into expanded Solow model, combined with the latest demographic data of sixth census statistics. The research result shows that human capital and technology progress are becoming gradually key elements for economic growth in China; influence from the amount of labor was declining.
  • Keywords
    economic indicators; labour resources; statistical analysis; demographic data; economic growth; effluence factor; extended Solow model; factor analysis; human capital; human capital stock; labor retraining; mental health; physical health; rational labor flow; sixth census statistics; statistical yearbook; technology progress; Economics; Educational institutions; Elasticity; Investment; Sociology; Statistics; assessment system; economic growth; extended Solow model; human capital;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering (ICMSE), 2013 International Conference on
  • Conference_Location
    Harbin
  • ISSN
    2155-1847
  • Print_ISBN
    978-1-4799-0473-0
  • Type

    conf

  • DOI
    10.1109/ICMSE.2013.6586463
  • Filename
    6586463