Quantitative Analysis on the Relationship between Hubeis Financial Input in Education and the Economic Growth
This essay conducts an empirical research and quantitative analysis with the application of econometric methods and models, such as VAR theory and impulse response function, on the relations between the financial input of Hubei in education and the economic development during the past decade.Studies show that there exists an equilibrium relationship and coordinated interaction between Hubeis financial input on education and its actual economic growth.The fluctuation of educational investment is bound up with that of economic increase with causality.It is feasible and effective to realize rapid growth of economic aggregate through enhancing educational input, and a long-term policy, but not a short-term one, which should be adopted when utilizing educational investment to boost the economy.
education investment economical growth granger causality vector autoregression
Jianguo WANG Xiaoyan Wang Jue Fu Changjun Zhang Jiangqiang WANG Kai Deng
Center of Health Administration and Development Studies,Hubei University of Medicine,Shiyan,442000,C Institute of Eugenics and Genetics,Renmin Hospital,Hubei University of Medicine,Shiyan 442000 China Beijing Sports International Economic Conference Servive Center,Beijing,100088,China
国际会议
2013 2nd International Conference on Science and Social Research (2013年第二届科学与社会研究国际会议)(ICSSR2013)
北京
英文
658-661
2013-07-13（万方平台首次上网日期，不代表论文的发表时间）