How to Promote Economic Growth by Human Capital Cultivated by Higher Education in Western Region under the Background of"The Belt and Road Initiative":From the Perspective of Developing New Quality Productive Forces
By constructing a Lucas model adapted to the relationship between higher education human capital and economic growth,basing on the perspective of new productive force,this essay studies the impact of higher education human capital on the economic growth capacity of the western region in the two decades before and after the Belt and Road Initiative was proposed.The results show that over the past two decades,the contribution of higher education human capital and physical capital to economic growth in the western region of China at the level of new qualitative productivity still enjoys much room for improvement,and the input of higher education human capital and physical capital makes a significant negative impact on the economic growth capacity of the western region,and the correlation between the output of higher education human capital and the economic growth is insignificant,and the Belt and Road Initiative has an insignificant impact on the economic growth capacity.In the future,the western region should focus on understanding the connotation of the development of new productive force,emphasizing on the importance of rational planning of physical capital investment and higher education human capital investment for long-term high-quality economic development,vigorously developing new industries,new economy and new business forms,enhancing the contribution of higher education human capital to economic growth in the western region,and actively exploring the relationship between human capital and economic growth in the western region with the perspective of internationalization.With an internationalized perspective,the region should actively explore various development opportunities under the background of the Belt and Road Initiative.This study is an innovative attempt of the Lucas model in China's western region,which enriches the dimensions of education and economic research in the western region as well as the theoretical application scenario of new productive force.
new productive force"The Belt and Road Initiative"human capitalhigher education
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