The impact of foreign direct investment and human capital on economic growth: Evidence from Chinese cities

The impact of foreign direct investment inflows on economic growth: evidence from Bangladesh

“…In particular, given that the capital regions of the Central and East European countries (CEECs) enjoyed high per capita growth rates, the positive spillover effects from FDI contributing to catch-up and regional convergence are strongly localized. Furthermore, Su and Liu (2016) empirically investigated with Chinese cities that FDI and human capital are the vital contributors to economic growth and human capital is an initiator for the new technology diffusion embodied in FDI. Human capital speeds up the percentage of technological revolution through investments in education, workforce skills, scientific knowledge and social institutions (Nelson and Phelps 1966;Benhabib andSpiegel 1994 andAcemoglu 1998).…”

The impact of human and physical capital accumulation on Chinese growth after 1994: A spatial econometric approach

“…Finally, I decompose the output controlling for potential capital dependence on productivity. In the current literature, a widely used aggregate production function for the study of Chinese growth has been the classical Cobb-Douglas functional form (e.g., Cheong & Wu, 2014;Fleisher, Hu, Li, & Kim, 2011;Knight & Ding, 2010;Scherngell, Borowiecki, & Hu, 2014;Su & Liu, 2016;Tian, Wang, & Chen, 2010). However, performing the growth accounting using that particular decomposition might create some confusion, in that part of the accumulation of physical capital is provoked by total factor productivity.…”

Inclusive Finance, Human Capital and Regional Economic Growth in China

“…In the related research of inclusive finance, researchers tend to pay more attention to the inclusiveness reflected by inclusive finance in economic activities but ignore the potential influencing factors brought by the compatibility of the financial system. In the related research of human capital, Su and Liu (2016) [2] regarded the input of labor force training as a measure of human capital, and this method would be partly influenced by macroeconomic factors such as price levels, resulting in that there exists a significant causal relationship between human capital and the development of regional economy. Many studies have begun to return the focus of research to the perspective of basic elements and the factors of capital and labor force have become the focus of attention of many researchers.…”

“…Disproportional distribution of talent resources has in some way seriously impeded promotion of productivity. Although China's economy has been ushered into a stably transitional period, the economic development status of China's eastern coastal areas and west inland areas suggest that the gap in talent resource distribution has imposed a significant influence on regional economy, which deprives sustainable regional economic development of a solid foundation [2].…”