中国公共教育投资促进经济增长的实证研究

Empirical Research on the Effects of Public Education Investment to Economic Structure in China

运用协整分析、误差修正模型、脉冲响应函数和方差分解计量分析工具,对中国公共教育投资与宏观经济结构的关系进行实证研究。结果表明:公共教育投资与三次产业总产值均具有长期正向均衡关系,其中,对第三产业的正效应最大;三次产业总产值对公共教育投资冲击的长期响应为正;公共教育投资对第二、三产业总产值增长误差的解释能力强于第一产业,但均不显著。

This article focuses on the empirical research about the effects of public education investment to economic structure by using econometric tools of cointegration analysis, VECM, impulse response and residual decomposition. The results indicate： public education investment has positive long-term equilibrium relation with three - level industry, and positive effects to the third industry is the strongest; impulse response of three-level industry to the public investment shock is positive; public investment can better explain the growth errors of the second and third .industry than the first, but they are not significant. So we suggest broadening investment sources and adjusting structure of public education investment.