Cobb-Douglas Production Function Applied to Describing Structures of Education Output, Resources Allocation and Economic Growth in China

摘要：

This paper bases on the classical Cobb-Douglas production function, taking into consideration the effect that different types of education system may cause to the effective supply human capital, and lays emphasis on the impacts of the structure of education output (including general higher education and vocational education), technological progress and resource allocation between productive capital and technology funding inputs to economic growth. Then it conducts an empirical analysis, draws a conclusion that from the perspective of long-run economic growth, the government should increase inputs in general higher education to assure the cost effectiveness of education.

关键词： Structure of Education Output Technological Progress Economic Growth

作者: SUN Lei

作者单位: School of Economics, Xiamen University, Xiamen Fujian, P.R.China, 361005

会议类型: 国际会议

会议名称: 2008年国际应用统计学术研讨会(2008 International Institute of Applied Statistics Studies)

会议地点: 烟台

会议语种:英文

页码: 1-5

在线出版日期: 2008-08-14（万方平台首次上网日期，不代表论文的发表时间）