{"title":"Leveraging higher education for economic development","authors":"Lingyu Chen, Xiaoxue Dong","doi":"10.1016/j.frl.2025.107167","DOIUrl":null,"url":null,"abstract":"<div><div>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.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"78 ","pages":"Article 107167"},"PeriodicalIF":6.9000,"publicationDate":"2025-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325004301","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2025/3/5 0:00:00","PubModel":"Epub","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
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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