Economics at your fingertips  

Avoiding the middle‐income trap: The spatial–temporal effects of human capital on regional economic growth in Northeast China

Tingting Yu, Ah Rong and Feilong Hao

Growth and Change, 2022, vol. 53, issue 2, 536-558

Abstract: Northeast China has seen a remarkable transition from rustbelt to economic revival over the past decade. However, promoting sustainable economic growth is a major issue facing Northeast China after entering the middle‐income stage of development. Based on a panel data set of 34 prefecture‐level cities in Northeast China from 2001 to 2018, this paper constructs a human capital index in terms of both quantity (educational capital) and quality (health capital) and uses the generalized method of moments (GMMs) to explore the spatial–temporal effects of human capital on economic growth under the “middle‐income trap.” The results show that a key factor keeping Northeast China in the middle‐income stage is the loss of highly qualified labor and that the previous attribution of the economic downturn to the population exodus is inaccurate. Although the results of this study indicate that the demographic dividend during the demographic transition period has ended in Northeast China and that the associated low‐cost advantage has been lost, the “talent dividend” can still be obtained by improving the level of human capital and thus promoting sustainable economic growth.

Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0017-4815

Access Statistics for this article

Growth and Change is currently edited by Dan Rickman and Barney Warf

More articles in Growth and Change from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2022-12-24
Handle: RePEc:bla:growch:v:53:y:2022:i:2:p:536-558