analysis of higher education to economic growth guangdong province the estimated contribution rate(分析广东高等教育对经济增长的贡献率).docVIP
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analysis of higher education to economic growth guangdong province the estimated contribution rate(分析广东高等教育对经济增长的贡献率)
Analysis of higher education to economic growth Guangdong Province the estimated contribution rate
Abstract: According to the Cobb - Douglas (CD production function regression model constructed by the retrieval of the data, processing, and the help of SPSS software for its regression analysis, the output elasticity of labor input β = 0.63, and then come between 2000 and 2008, Guangdong Province, the contribution of education to economic growth is 0.367%; higher education’s contribution to the economic growth rate of 0.11%, indicating that economic growth in Guangdong’s contribution to education is relatively low.
Keywords: higher education contribute to economic growth in Guangdong Higher education not only for economic and social development has a direct contribution, but also by improving the quality of workers to contribute to economic growth, therefore, estimates of higher education to economic growth, Guangdong Province, the contribution rate for the deal with the Guangdong Higher Education Development the relationship between economic growth has important significance.
First, calculate the contribution of higher education to economic growth rate of model selection In quantitative analysis, the Cobb - Douglas (CD production function estimation method is the basis of foreign and domestic, this article mainly in the Cobb - Douglas (CD production function further subdivided on the basis of educational investment and economic output as a function of relationship.
Cobb - Douglas (CD production function is Cobb by the American mathematician and economist Douglas based on historical statistics, research studies in the twentieth century, U.S. manufacturing output, labor and capital to come to the role of a production function, that is the name of Cobb - Douglas (CD production function:
Y = AK @ Lβ (1 This production function can be expressed as follows: Assuming no change in the amount of land, resulting in the abstract factors of economi
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