Research on the Comparative Advantage of Human Capital,Its Investment Efficiency and R&D Capital
He Jun1,Liu Liangliang1,Zhang Yujuan2
1.School of Management,University of Science and Technology of China,Hefei 230026,China; 2.School of Management,Anhui Jianzhu University,Hefei 230601,China
Abstract:This paper introduces Lucas’s thought of endogenous human capital into Romer model,considering R&D and human capital as endogenous variable.It constructs a new endogenous growth model,derives the equilibrium solution by the Hamilton function,and compares the results between new model and the former two models.It finds that the human capital and R&D capital are important to boost economic growth,but the production efficiency of human capital department is more important than these.Then,this paper uses panel data of China’s 31 provinces from 2008 to 2013 to carry out the empirical research.The empirical results prove the correctness of the theoretical results.At the same time,the study also finds that R&D capital input has spillover effects,the role of R&D capital has been enhanced through human capital
贺 俊,刘亮亮,张玉娟. 人力资本及其投入效率与研发资本比较优势研究[J]. 中国科技论坛, 2016(9): 110-114.
He Jun,Liu Liangliang,Zhang Yujuan. Research on the Comparative Advantage of Human Capital,Its Investment Efficiency and R&D Capital. , 2016(9): 110-114.
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