Human Capital Structure and High-Quality Development: An Empirical Study

Abstract

This paper empirically investigates the impact of human capital structure in the process of China's economic transition from a high-speed growth stage to a high-quality development stage. A high-quality development evaluation system has been built on the innovative, coordinated, green, open and shared development. The measurement of human capital structure is calculated by proportion of employed population with various education. In the empirical analysis, static and dynamic panel data models are used, and the results of estimation reveal that increase in the proportion of high-educated population would effectively promote the quality of regional development. In order to avoid low quality trap, the less-developed regions in China should take corresponding policies to improve their human structures.