Human Capital Comparative Advantage n Large Developing Countries

With human capital levels.Jar lower when compared to developed countries, large developing countries derive their comparative advantages from the coupling between heterogeneous human capital and a diverse industrial structure, physical capital investment and technological level. This theory explains that despite low levels of human capital, large developing countries can still achieve rapid economic growth. Empirical research using the coupling factor model has supported this theoretical hypothesis. The policy implications are obvious： Large developing countries should enhance the adaptation of human capital to diversify their industrial structure, physical capital investment and technological level while constantly increasing human capital investment. This approach will tap their full potential, avert their weaknesses and promote rapid and sustained economic development.