An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in China

Examining the equalization of higher education and how it affects the economic growth of each region in China is crucial from both a theoretical and practical standpoint as it pertains to public services since higher education has a significant impact on a nation’s or region’s competitiveness. In th...

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Main Authors: Ji Mingbo, Luo Jia, Wang Xiao
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Subjects:
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_05006.pdf
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author Ji Mingbo
Luo Jia
Wang Xiao
author_facet Ji Mingbo
Luo Jia
Wang Xiao
author_sort Ji Mingbo
collection DOAJ
description Examining the equalization of higher education and how it affects the economic growth of each region in China is crucial from both a theoretical and practical standpoint as it pertains to public services since higher education has a significant impact on a nation’s or region’s competitiveness. In this context, this research uses data from 1997 to 2020 to examine the economic impact of higher education on each province using the education composite index. On the other hand, the generalized least squares method was used to analyze the effects of GDP per capita, high school graduation rates, and educational policies on economic development from 1988-2018. The empirical findings indicate that higher education throughout the sample period contributed 15.73% to economic growth and 0.18% to the general level of education. Additionally, there is a strong association between the number of recent high school graduates, GDP per capita, and national policy and enrollment size.
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spelling doaj.art-ecbcb2a64bda40e8a652cf51a7c1147a2023-08-02T13:21:23ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014090500610.1051/e3sconf/202340905006e3sconf_icmsem2023_05006An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in ChinaJi Mingbo0Luo Jia1Wang Xiao2School of Economics, Sichuan UniversityCollege of Biomedical Engineering, Sichuan UniversityJP Morgan Chase & Co, PlanoExamining the equalization of higher education and how it affects the economic growth of each region in China is crucial from both a theoretical and practical standpoint as it pertains to public services since higher education has a significant impact on a nation’s or region’s competitiveness. In this context, this research uses data from 1997 to 2020 to examine the economic impact of higher education on each province using the education composite index. On the other hand, the generalized least squares method was used to analyze the effects of GDP per capita, high school graduation rates, and educational policies on economic development from 1988-2018. The empirical findings indicate that higher education throughout the sample period contributed 15.73% to economic growth and 0.18% to the general level of education. Additionally, there is a strong association between the number of recent high school graduates, GDP per capita, and national policy and enrollment size.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_05006.pdfeducation scaleeconomic and social effectseducation efficiency
spellingShingle Ji Mingbo
Luo Jia
Wang Xiao
An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in China
E3S Web of Conferences
education scale
economic and social effects
education efficiency
title An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in China
title_full An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in China
title_fullStr An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in China
title_full_unstemmed An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in China
title_short An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in China
title_sort empirical study on the synergistic development of higher education scale and economic growth in china
topic education scale
economic and social effects
education efficiency
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/46/e3sconf_icmsem2023_05006.pdf
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