The Improved Econometric Model of Education Contributions to Economic Growth
The econometrics models of education contributions to economic growth,which is based on the Cobb-Douglas production function and its modified forms,are used wildly in educational economics research.In this article,we pointed out that two factors should be taken into consideration of the classic model:quality and diversity of the education.We inducted new variables to deal with the quality of the education.Postgraduate education and further education were added into the classic model in order to handle the diversity of the education.
education contribution to economic growth Cobb-Douglas production function quality of the education diversity of the education
Liang ZHANG Yongjie JIAO Na LI
College of Economic Tianjin Polytechnic University Tianjin,China Tianjin Academy of Enviromental Sciences Tianjin,China Tianjin Light Industry Vocational Technic College Tianjin,China
国际会议
太原
英文
637-640
2011-02-26(万方平台首次上网日期,不代表论文的发表时间)