4.6 Article

Empirical Study on Human Capital, Economic Growth and Sustainable Development: Taking Shandong Province as an Example

Journal

SUSTAINABILITY
Volume 14, Issue 12, Pages -

Publisher

MDPI
DOI: 10.3390/su14127221

Keywords

human capital; economic growth; sustainable development; China

Funding

  1. Social Science Foundation of Shandong Province [20CJJJ31]

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This study explores the sustainable development of the regional economy from the perspective of human capital, and reveals the interactive coupling mechanism between human capital and sustainable economic growth. The study also provides policy suggestions for sustainable development in China based on the research findings.
This study aims to explore the sustainable development of the regional economy from the perspective of human capital. Based on the panel data from 2005 to 2019 in Shandong Province, China, this study first analyzes the interactive coupling mechanism between human capital and sustainable economic growth, and then constructs the evaluation model of coupling coordination degree. Results reveal that Shandong Province's human capital and sustainable economic growth gradually increased; the coupling coordination degree of human capital and sustainable economic growth changed from a state of mild imbalance to slight coordination; sustainable economic growth lagged human capital development; education scale, innovation capacity, growth level, economic openness, and investment and consumption level are the key factors affecting sustainable economic development. Through the above research, the study puts forward policy suggestions conducive to sustainable development in China.

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