The Impact of Advanced Human Capital Structure on the Upgrading of Service Industry Structure: Based on Panel Data of Cities in China

LUO Jun-han

Volume 36 Issue 2

May 2021

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LUO Jun-han. The Impact of Advanced Human Capital Structure on the Upgrading of Service Industry Structure: Based on Panel Data of Cities in China[J]. Journal of Guangdong University of Finance & Economics, 2021, 36(2): 39-53.

Citation:

LUO Jun-han. The Impact of Advanced Human Capital Structure on the Upgrading of Service Industry Structure: Based on Panel Data of Cities in China[J]. Journal of Guangdong University of Finance & Economics, 2021, 36(2): 39-53.

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The Impact of Advanced Human Capital Structure on the Upgrading of Service Industry Structure: Based on Panel Data of Cities in China

LUO Jun-han

School of Economics, Zhejiang University of Finance and Economics, Hangzhou 310000, China

Received Date: 2021-01-13
Available Online: 2021-05-06
Publish Date: 2021-03-28

Abstract

Abstract

Compared with developed countries, the structural level of China's service industry has been lagging for a long time. Effectively improving the structural level of the service industry is an important proposition in my country's current research. Based on the data of 251 prefecture-level cities in China, this paper constructs a mathematical model to analyze the impact of advanced human capital structure on the upgrading of the service industry structure. The results indicate that the advanced structure of human capital is an important driving factor for the upgrading of the service industry structure of China's prefecture-level cities; the higher the advanced degree of a city's human capital structure, the more conducive to the upgrading of the service industry structure. The analysis of heterogeneity shows that the effect of advancement in the structure of human capital is more significant in provincial capital cities. Timeliness analysis shows that the impact of advancement of the human capital structure on the upgrading of the service industry structure is more timeliness after the third period. It can be concluded that the government should give full consideration to the important role of the upgrading of the human capital structure in the process of promoting the upgrading of the service industry structure, pay attention to relevant policies to improve labor efficiency and promote innovation, adjust measures to local conditions according to the actual conditions of the region's economic strength and resource endowments, formulate macroeconomic policies to improve the structural level of the service industry.
- human capital,
- human capital structure,
- service industry,
- upgrading of service industry structure,
- labor efficiency,
- technological innovation

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References(51)

References

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