Resources Science ›› 2016, Vol. 38 ›› Issue (11): 2095-2105.doi: 10.18402/resci.2016.11.08

• Orginal Article • Previous Articles     Next Articles

Empirical study on the impacts of the matching between human capital and industrial structure on investment efficiency

XIONG Hu1, TIAN Ying2(), TIAN Li3   

  1. 1. School of Economics,Nanjing University,Nanjing 210093,China
    2. School of Economics and Management,Chongqing Normal University,Chongqing 401331,China
    3. School of Mechanical Engineering,Beijing Institute of Technology,Beijing 100081,China
  • Received:2015-12-14 Revised:2016-08-30 Online:2016-11-16 Published:2016-11-16


:The Chinese economy has reached a New Normal stage,characterized by a shift from rapid growth to moderate rapid growth. Therefore,transforming economic growth patterns and improving the quality of economic growth are required. Improving investment efficiency is an important means and key factor in this transformation. Here,we analyzed the factors influencing investment efficiency and the match between human capital and industrial structure. The article,using data in 30 provinces from 1997 to 2013,established a panel data model which takes matching degree as the main explanatory variable and estimates the effects of matching between human capital and industrial structure on regional investment efficiency. Stabile tests were then run. We measured the matching degree between human capital and industrial structure using system theory and coupling theory,and tried to establish a coupling model of the human capital-industrial structure system and establish an index system with rich connotation. From the provincial horizontal and temporal vertical,we analyzed the matching degree. We found that the degree of matching between human capital and industrial structure in China is high overall and the trend is upward,but differences among provinces are obvious. Improvement in the matching degree between human capital and industrial structure increases regional investment efficiency and the result is steady. Therefore,when governments at all levels focus on improving human capital and upgrading industrial structure,they should pay more attention to the matching and coordination. The policy for industrial structure should be made according to local human capital and other factor endowments,or increasing policy of human capital be made according to the distribution of local industrial structure and actual development in order to increase the matching degree,and improve investment efficiency and the quality of economy growth.

Key words: human capital, industrial structure, matching, investment efficiency, coupling coordination degree