중국의 지역별 인적자본과 소득수렴에 관한 연구

Abstract

This thesis is classifying the Chinese region by east, middle, west, through the unconditional converge verification and conditional converge verification which additionally include the physical and human capital As include the physical capital and human resource, I reviewed how influence to Chinese income converge(divergence) and analyzed which variable has more influence. The physical capital is measured by each region's investment rate, and human resource is measured by education levels(persons with at least a high school or higher than those of high school graduate, and persons with at least a middle school or higher than those of middle school graduate). In this thesis I used 3 years sub-sample data from 1995 to 2009. The reason is if I think that 5 years sub-sample data for 15 years is too small and is not heed to the analysis. Considering this riskiness and rapid economic growth of Chinese economy, I expected better results using short period of 3 years sub-sample to analyze this thesis. This thesis found the results as follows. First, in the unconditional converge verification, we found the diverging phenomenon in the national and east, middle, and west region. Second, in the conditional converge verification which include the physical capital, we found the converging phenomenon in the national and east, middle, and west region. Third, the conditional converge verification which include the human capital additionally also has a converging phenomenon. But the variable of HUMAN1(persons with at least a high school or higher than those of high school graduate) is insignificant statistically and -coefficient is almost no changes. This result indicate that human capital does not affect economy growth rate and income convergence. Forth, the variable HUMAN2 (persons with at least a middle school or higher than those of middle school graduate) is also insignificant statistically and -coefficient is nearly no changes. This result also indicates that various measures of human capital do not effect economy growth rate and income convergence. As a result, only the physical capital has an effect on Chinese economy growth and income converge. The investment rate is the more the regional income converge is the more remarkably. These results suggest that Chinese economy system is not effect on human capital largely yet, and this is an inevitable consequence for the Chinese economic policy.