The Econometric Analysis of the Relationship between the Development of Higher Education and Economic Growth

DOI

10.2991/icmesd-18.2018.64How to use a DOI?

Keywords

Higher Education, Economic Growth, Resident Income, Granger Test, Cointegration, ECM Model.

Abstract

Economy and education are the two foundations of the development of modern society. The study of the relationship between the two is the key point in the study of educational economics. Generally speaking, the more developed countries, the higher the level of education for residents, the more developed education (especially higher education). Many scholars believe that economic development is the leading cause of the development of education. At the same time, many scholars believe that in the cause and effect of the two, education is the cause and economic development is a result. This paper, from the perspective of quantitative analysis, takes China as an example to explore the relationship between education and economic growth, and establishes the ECM model to describe their dynamic adjustment relations.

Copyright

© 2018, 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  - Jian-Yun Yu
PY  - 2018/05
DA  - 2018/05
TI  - The Econometric Analysis of the Relationship between the Development of Higher Education and Economic Growth
BT  - Proceedings of the 4th Annual International Conference on Management, Economics and Social Development (ICMESD 2018)
PB  - Atlantis Press
SP  - 366
EP  - 371
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmesd-18.2018.64
DO  - 10.2991/icmesd-18.2018.64
ID  - Yu2018/05
ER  -