EconPapers    
Economics at your fingertips  
 

Higher Education Input, Technological Innovation, and Economic Growth in China

Guangyou Zhou () and Sumei Luo ()
Additional contact information
Guangyou Zhou: School of Economics, Fudan University, Shanghai 200433, China
Sumei Luo: School of Finance, Shanghai University of Finance and Economics, Shanghai 200433, China

Sustainability, 2018, vol. 10, issue 8, 1-15

Abstract: Based on the theoretical analysis of the relationship between China’s higher education input, technological innovation, and economic growth, this paper chooses the 1997–2015 sample data of China, and uses a vector auto regression (VAR) model to test the relationship between the three. The results show that educational input, technological innovation, and economic growth form an interaction mechanism featuring dynamic circulation. Higher education input and technological innovation are two important factors influencing economic growth. In the meantime, higher education input is an important source and driving force of technological innovation, and technological innovation will further promote economic growth. However, technological innovation has a delayed positive effect on economic growth, so higher education input demands a long-term view and thinking for quick success, and instant benefits should be avoided.

Keywords: higher education; education input; technological innovation; economic growth; VAR model (search for similar items in EconPapers)
JEL-codes: Q Q0 Q2 Q3 Q5 Q56 O13 (search for similar items in EconPapers)
Date: 2018
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)
https://www.mdpi.com/2071-1050/10/8/2615/pdf (application/pdf)
https://www.mdpi.com/2071-1050/10/8/2615/ (text/html)

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: https://EconPapers.repec.org/RePEc:gam:jsusta:v:10:y:2018:i:8:p:2615-:d:159992

Access Statistics for this article

Sustainability is currently edited by Prof. Dr. Marc A. Rosen

More articles in Sustainability from MDPI, Open Access Journal
Bibliographic data for series maintained by XML Conversion Team ().

 
Page updated 2019-01-05
Handle: RePEc:gam:jsusta:v:10:y:2018:i:8:p:2615-:d:159992