Effect Analysis of the Contributions of Financial Investment in Education and Human Capital to Local Economic Growth - Empirical tests based on data from Sichuan Province

摘要

This thesis conducts empirical tests for the contributions made by financial investment in education as well as human capital to the local economic growth in Sichuan Province according to the relevant statistics of Sichuan Province from 1997 to 2011. The results show that compared to the relatively less influence from financial investment in education, human capital exerts a obviously positive effect on the economic growth in Sichuan Province. And its effect on economy is lasting and continuous with a contribution rate on economic growth as high as 35% to 40%. Regarding the adjustments of factors of growth in the economic development and the overall urban-rural comprehensive reform pilot trial, this conclusion provides reference and instruction for the Sichuan provincial government.