Leveraging higher education for economic development

IF 6.9 2区 经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2025-05-01 Epub Date: 2025-03-05 DOI:10.1016/j.frl.2025.107167
Lingyu Chen, Xiaoxue Dong
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Abstract

This study utilizes the Cobb–Douglas production function and a comprehensive index method to assess the contribution of higher education (HE) to China's economic development from 2008 to 2018. Findings reveal significant “V-shaped” and “√-shaped” regional discrepancies in contribution rates across western, central, and eastern China. Cities such as Beijing, Shanghai, and Tianjin contribute more, whereas other regions lag behind. To enhance contributions, China must optimize HE structures, develop a modern lifelong education system, and implement tailored strategies that address regional needs and promote balanced educational growth across the provinces.
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发挥高等教育为经济发展服务的作用
本文运用柯布-道格拉斯生产函数和综合指数法,对2008 - 2018年中国高等教育对经济发展的贡献进行了评价。研究结果显示,中国西部、中部和东部地区的贡献率存在显著的“v”形和“√”形区域差异。北京、上海和天津等城市贡献更多,而其他地区则落后。为了提高贡献,中国必须优化高等教育结构,发展现代终身教育体系,实施有针对性的战略,满足区域需求,促进各省教育平衡发展。
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来源期刊
Finance Research Letters
Finance Research Letters BUSINESS, FINANCE-
CiteScore
11.10
自引率
14.40%
发文量
863
期刊介绍: Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance
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