IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-052-7_89.html

The Relationship Between Human Capital Index and Economic Development

In: Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

Author

Listed:
  • Aurora Manlin Qiu

    (Durham University, Business School)

  • Tim Zewei Lian

    (South China Agricultural University, School of Mathematics and Information)

  • Danny Zhaolong Wang

    (Business MIS, University at Buffalo)

Abstract

Human capital index (HCI) quantifies the contribution of education and health to the productivity of the next generation of workers. (World Bank) The obvious presence of education in the definition of human capital index shows that these two points are key to economic development which cannot be ignored. It is worth to mentioning that knowledge is the basis of innovation in any country and the embodiment of technological change that promotes all factors of production. In this article, we mainly study the impact of the historical background of Education in China on China’s GDP. We cover the popularization of simple historical background, and select relevant data from China from 1978 to 2020 for data analysis. The blind pursuit of socialism in China before, it only changed people’s thinking, but it was not implemented in educational actions, which limited the subsequent development. And then we combine the financial crisis with education to discuss their impact on China’s GDP. In general, education needs to be tailored to the development of the society of country itself.

Suggested Citation

  • Aurora Manlin Qiu & Tim Zewei Lian & Danny Zhaolong Wang, 2022. "The Relationship Between Human Capital Index and Economic Development," Advances in Economics, Business and Management Research, in: Faruk Balli & Au Yong Hui Nee & Sikandar Ali Qalati (ed.), Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), pages 780-786, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-052-7_89
    DOI: 10.2991/978-94-6463-052-7_89
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-052-7_89. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.