Empirical Research on the Contribution of Human Capital to the Development of Tertiary Industry in Shandong Province

DOI

10.2991/ermm-15.2015.86How to use a DOI?

Keywords

Human capital, Romer's knowledge spillover model, The tertiary industry,Contribution degree

Abstract

In the context of transformation of economic develop- ment patterns and readjusting industrial structure,human capital gradually replacing material capital, land and other factors of production,has become an important engine of economic and social development, and has also become a hot topic in the research of domestic and foreign experts and scholars.Human capital has become the precondition of absorption and diffusion of knowledge and technology, and can significantly promote the improvement of TFP.In this paper,based on the Romer’s knowledge spillover model,taking Shandong Province as an example,the paper selected the relevant data of 1997-2012 for linear regression to verify the degree of contribution which human capital promotes to the development of the third industry in Shandong province.The conclusion: the stock and level of human capital will have a positive contribution to the development of the tertiary industry.And this paper will accordingly put forward some related policy recommendations to promote the development of tertiary industry.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jie Fang
AU  - Yufang Chao
PY  - 2015/04
DA  - 2015/04
TI  - Empirical Research on the Contribution of Human Capital to the Development of Tertiary Industry in Shandong Province
BT  - Proceedings of the 2015 International Conference on Education Reform and Modern Management
PB  - Atlantis Press
SP  - 325
EP  - 329
SN  - 2352-5398
UR  - https://doi.org/10.2991/ermm-15.2015.86
DO  - 10.2991/ermm-15.2015.86
ID  - Fang2015/04
ER  -