| Issue |
E3S Web Conf.
Volume 409, 2023
International Conference on Management Science and Engineering Management (ICMSEM 2023)
|
|
|---|---|---|
| Article Number | 05006 | |
| Number of page(s) | 10 | |
| Section | Economic and Social Effects | |
| DOI | https://doi.org/10.1051/e3sconf/202340905006 | |
| Published online | 01 August 2023 | |
An Empirical Study on the Synergistic Development of Higher Education Scale and Economic Growth in China
1 School of Economics, Sichuan University, Chengdu 610065, People’s Republic of China
2 College of Biomedical Engineering, Sichuan University, Chengdu 610065, People’s Republic of China
3 JP Morgan Chase & Co, Plano, Texas, 75024, USA
* e-mail: jiajiajacky@163.com
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.
Key words: Education scale / Economic and social effects / Education efficiency
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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