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China's economic development has advanced from a high-speed to a high-quality growth stage in recent years. The optimization and upgrading the economic structure require high-quality human capital to support an innovation-driven economy. In this paper, a general equilibrium model of human...
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The low quality of human capital leads to the “big but not strong” producer services, which hinders the realization of high-quality economic development in China. Using the China Family Panel Studies (CFPS) and RESSET enterprise data for the period 2000-2019, this paper measures the human...
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We examine the mechanism by which human capital affects economic growth and convergence, using provincial level panel data from China. We specify alternative measures of human capital and apply them to an enhanced growth model which we estimate parametrically, nonparametrically, and with a...
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