Quantitative analysis on the contribution of Jiangsu’s Education Investment to its Economic growth
Education contributes to economic growth through both direct effect and spill-out effect. This paper gauges the direct effect and spill-out effect of Jiangsu’s education investment to its economic growth with Feder Model. It finds out that while education contributes highly to Jiangsu’s growth, the spill-out effect is not evident, neither were the factors of capital and labor. This shows that the government, on one hand should strengthen its investment on education system, on the other hand should bring the spill-out effect of education into play by improving the utility efficiency of capital and labor.
Geng Chengxuan Li Nan Cai Tin
College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, CO 210016 China
国际会议
2009 IEEE International Conference on Grey System and Intelligent Services(2009 IEEE灰色系统与服务科学国际会议)
南京
英文
1003-1007
2009-10-20(万方平台首次上网日期,不代表论文的发表时间)