Specifications
Foundry Practice - 933 Solid State Physics - 951 Materials Science
Database: Compendex
Compilation and indexing terms, © 2013 Elsevier Inc.
15.
Accession number: 20131016076122
Title: An empirical research on the long-term equilibrium and short-term dynamic between
educational input and economic output in Henan Province
Authors: Wang, Li-Hui1 ; Guo, Li-Hong1 ; Liu, Zhi-Hong2/;郭立宏;
Author affiliation: 1 School of Economic and Management, Xi'an University of Technology,
710054, China
2 School of Economic, Shenyang University, 110044, China
Corresponding author: Wang, L.-H.
Source title: International Conference on Management Science and Engineering - Annual
Conference Proceedings
Abbreviated source title: Int. Conf. Manage. Sci. Eng. - Annu. Conf. Proc.
Monograph title: 2012 International Conference on Management Science and Engineering,
ICMSE 2012 - 19th Annual Conference Proceedings
Issue date: 2012
Publication year: 2012
Pages: 1874-1882
Article number: 6414427
Language: English
ISSN: 21551847
ISBN-13: 9781467330145
Document type: Conference article (CA)
Conference name: 2012 19th Annual International Conference on Management Science and
Engineering, ICMSE 2012
Conference date: September 20, 2012 - September 22, 2012
Conference location: Dallas, TX, United states
Conference code: 95652
Sponsor: National Natural Science Foundation of China; Harbin Institute of Technology
Publisher: IEEE Computer Society, 2001 L Street N.W., Suite 700, Washington, DC 20036-4928,
United States
Abstract: Using the sample data from 1952 to 2011 years to study the dynamic correlation
between educational input and economic output by the multivariate auto regression model, and
on this basis, it conducts a systematic analysis of the interaction mechanisms between factors of
education input and economic output by using co-integration theory and error correction model.
Conclusion indicates that: there is not only a long-term stable equilibrium relationship between
educational investment and economic output, but also has a short-term dynamic relationship. In
the long term, the output elasticity which educational investment and educational infrastructure
construction on economic output is the most significant, respectively 1.112 and 1.313; in the
short term, the response coefficient which economic output on educational investment and
college students is positive, respectively 0.492 and 0.208. © 2012 IEEE.
Number of references: 22