An Empirical Study on the Role of Educational Human Capital in Improving Economic Efficiency
Yan Du, Qian Wu, Wei Xie, Liu Yang

Abstract
Under the background of different regional variables, there are differences in the economic effects of human capital. From the perspective of educational human capital, the new normal of economy is taken as the background. Based on 2008 to 2015 provincial panel data in China, this paper first measures the educational human capital and different economic efficiency, and then discusses the effects of educational human capital on technology efficiency, scale efficiency, X efficiency and allocation efficiency, and finally summarizes the difference of the influence of educational human capital on different types of regional economic efficiency. The study found that in the eastern region, the influence of educational human capital on allocation efficiency is most significant; in the central region, the influence of educational human capital on technical efficiency and allocation efficiency is more significant; in the western region, the influence of educational human capital on technical efficiency and allocation efficiency is more significant. And although educational human capital has a positive influence on the improvement of economic efficiency, the significance of the impact is not high, and there are differences with developed countries.

Full Text: PDF