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An Analysis on the Disparity of the Private Investment on Human Capital between Urban and Rural Residents in Guangxi AgEcon
Wu, Ding-wei; Tan, Jian-xin.
The constant growth of human capital is the essential force of Economic growth. The deep research on private investment in urban and rural human capital in Guangxi is necessary for developing economy and narrowing urban-rural gap. Through the analysis on the historic statistics, it is found that there were disparities total quantity and investment structure of private investment in human capital of urban and rural residents. By using the ELES model, the marginal investment trend, investment demand, elastic income, own-price elasticity and mutual-price elasticity of private investment in human capital of urban and rural residents are analyzed. It is pointed out that income is the key factor that affects the private investment in human capital of urban and...
Tipo: Journal Article Palavras-chave: Private investment in human capital; ELES Model; Marginal investment tend; Price elasticity; China; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/118224
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