Economic Benefit Research of Educational Investment in Shanxi Province

摘要

The concept of market economy is deepening, which draws people's much more attentions to the economic benefit of investment, therefore, at the premise of limited resources, it will become society's hot point to improve the economic benefit of educational investment. This paper analyses the contributions of educational investment to economy from 1957 to 2006 in Shanxi province by the software of Eviews. Test results show that investment in education and economic growth reinforce each other. From 1957 to 2006, the contributions of educational investment to the economic growth make up 26.6 percent.