Business environment, human capital structural upgrading, and economic development quality

To verify the importance of optimizing a business environment and improving the level of human capital structure to promote economic development, this study employs a panel data of 30 Chinese provinces from the period 2008–2019 and utilizes the spatial Durbin model and quantile regression model to a...

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Main Authors: Shengbing He, Huilin Yao
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-09-01
Series:Frontiers in Environmental Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenvs.2022.964922/full
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author Shengbing He
Huilin Yao
author_facet Shengbing He
Huilin Yao
author_sort Shengbing He
collection DOAJ
description To verify the importance of optimizing a business environment and improving the level of human capital structure to promote economic development, this study employs a panel data of 30 Chinese provinces from the period 2008–2019 and utilizes the spatial Durbin model and quantile regression model to analyze the relation between a business environment, human capital structure upgrading, and economic development quality. We find that the quality of economic development has a strong spatial correlation and the improvement in the business environment promotes human capital structural upgrading and economic development quality. Human capital structural upgrading plays a significant intermediary role, through which improvement in the business environment affects economic development quality. Considering the huge differences in the level of economic development in different regions of China, we also conduct a regional heterogeneity analysis. We find that the promotion effects of the business environment and advanced human capital structure on economic development quality are significant within the sample period, and their promotion effects are significantly heterogeneous and asymmetric across quartiles, indicating that there is heterogeneity in the intensity of dependence of economic development quality on advanced human capital structure and business environment at different stages of economic development. Moreover, by observing the impact trends in the eastern, central, and western regions, we find that the impact of the business environment and human capital structure on the quality of economic development varies somewhat across provinces. This suggests that the eastern and central regions need to strengthen the optimization of the business environment, while the eastern and western regions should pay more attention to the improvement of the level of the advanced human capital structure.
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spelling doaj.art-3ac9b7b70da149b88ff0c63b5acd04412022-12-22T03:48:59ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2022-09-011010.3389/fenvs.2022.964922964922Business environment, human capital structural upgrading, and economic development qualityShengbing HeHuilin YaoTo verify the importance of optimizing a business environment and improving the level of human capital structure to promote economic development, this study employs a panel data of 30 Chinese provinces from the period 2008–2019 and utilizes the spatial Durbin model and quantile regression model to analyze the relation between a business environment, human capital structure upgrading, and economic development quality. We find that the quality of economic development has a strong spatial correlation and the improvement in the business environment promotes human capital structural upgrading and economic development quality. Human capital structural upgrading plays a significant intermediary role, through which improvement in the business environment affects economic development quality. Considering the huge differences in the level of economic development in different regions of China, we also conduct a regional heterogeneity analysis. We find that the promotion effects of the business environment and advanced human capital structure on economic development quality are significant within the sample period, and their promotion effects are significantly heterogeneous and asymmetric across quartiles, indicating that there is heterogeneity in the intensity of dependence of economic development quality on advanced human capital structure and business environment at different stages of economic development. Moreover, by observing the impact trends in the eastern, central, and western regions, we find that the impact of the business environment and human capital structure on the quality of economic development varies somewhat across provinces. This suggests that the eastern and central regions need to strengthen the optimization of the business environment, while the eastern and western regions should pay more attention to the improvement of the level of the advanced human capital structure.https://www.frontiersin.org/articles/10.3389/fenvs.2022.964922/fullbusiness environmenthuman capital structure upgradingeconomic development qualityspatial durbin model (SDM)China
spellingShingle Shengbing He
Huilin Yao
Business environment, human capital structural upgrading, and economic development quality
Frontiers in Environmental Science
business environment
human capital structure upgrading
economic development quality
spatial durbin model (SDM)
China
title Business environment, human capital structural upgrading, and economic development quality
title_full Business environment, human capital structural upgrading, and economic development quality
title_fullStr Business environment, human capital structural upgrading, and economic development quality
title_full_unstemmed Business environment, human capital structural upgrading, and economic development quality
title_short Business environment, human capital structural upgrading, and economic development quality
title_sort business environment human capital structural upgrading and economic development quality
topic business environment
human capital structure upgrading
economic development quality
spatial durbin model (SDM)
China
url https://www.frontiersin.org/articles/10.3389/fenvs.2022.964922/full
work_keys_str_mv AT shengbinghe businessenvironmenthumancapitalstructuralupgradingandeconomicdevelopmentquality
AT huilinyao businessenvironmenthumancapitalstructuralupgradingandeconomicdevelopmentquality