Is the Optimization of Human Capital Structure Improving the Quality of China’s Economic Growth?

Abstract

Using the 1996-2016 Chinese provincial panel data to measure and analyze the human capital structure and total factor productivity, and empirically examines the impact of human capital structure on high-quality economic growth. The results show that the human capital of higher education promotes the high-quality growth of the economy more significantly, while the human capital of secondary education plays a significant inhibiting role. The heterogeneity study from three regions further shows that the impact of different levels of human capital on the high-quality economic growth of different regions is different. The higher education human capital has a greater role in promoting the high-quality economic growth of the three regions. Basic and secondary education human capital only affects the eastern region.