Empirical Study on Human Capital, Economic Growth and Sustainable Development: Taking Shandong Province as an Example

Sujuan Wang, Xiaonan Lin, Honggen Xiao, Naipeng Bu and Yanan Li
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Sujuan Wang: Business School, Shandong University, Weihai 264209, China
Xiaonan Lin: Business School, Shandong University, Weihai 264209, China
Honggen Xiao: School of Hotel and Tourism Management, Hong Kong Polytechnic University, Hong Kong, China
Naipeng Bu: Business School, Shandong University, Weihai 264209, China
Yanan Li: School of Innovation and Management, Suan Sunandha Rajabhat University, Bangkok 10300, Thailand

Sustainability, 2022, vol. 14, issue 12, 1-22

Abstract: This study aims to explore the sustainable development of the regional economy from the perspective of human capital. Based on the panel data from 2005 to 2019 in Shandong Province, China, this study first analyzes the interactive coupling mechanism between human capital and sustainable economic growth, and then constructs the evaluation model of coupling coordination degree. Results reveal that Shandong Province’s human capital and sustainable economic growth gradually increased; the coupling coordination degree of human capital and sustainable economic growth changed from a state of mild imbalance to slight coordination; sustainable economic growth lagged human capital development; education scale, innovation capacity, growth level, economic openness, and investment and consumption level are the key factors affecting sustainable economic development. Through the above research, the study puts forward policy suggestions conducive to sustainable development in China.

Keywords: human capital; economic growth; sustainable development; China (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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