The Interactive Causality between Education and Economic Growth in China

7 Pages Posted: 31 Jul 2006

See all articles by Kui Liu

Kui Liu

Peking University - School of Marxism - Department of Political Economics

Date Written: July 23, 2006

Abstract

Human capital was advanced by development economists and solved three puzzles in the development economics. During the last thirty years, stock of human capital is increasing significantly along with the rapid development in China. This paper is going to find out whether there is relationship between economic growth and human-capital accumulation. By analyzing the causality and cointegration between education and gross national product (GDP), it indicates that economy development is the cause of higher education and result of primary education.

Keywords: Human Capital Education Causality

JEL Classification: I29

Suggested Citation

Liu, Kui, The Interactive Causality between Education and Economic Growth in China (July 23, 2006). Available at SSRN: https://ssrn.com/abstract=920624 or http://dx.doi.org/10.2139/ssrn.920624

Kui Liu (Contact Author)

Peking University - School of Marxism - Department of Political Economics ( email )

No. 38 Xueyuan Road
Haidian District
Beijing, Beijing 100871
China

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