Rural human capital investment’s driving effects to labor migration - An empirical study based on Vector Error Correction Model

• Authors: Shihu Zhong , Tang Juan
• Languages of publication: EN

Abstracts

EN

Based on vector error correction model, this essay aims to test the relationship between the rural human capital investment and labor migration by using the data of Hunan province from 1994 to 2014. Experiment results show the long-term balanced relationship between rural human capital investment and labor migration. Rural human capital investment can boost the transfer of labor force effectively in the long run. While none obvious effect would take in a short time. There is time lag effect on human capital investment. The time needed to amend the cointegration relationship would be long and the primary factor that affects the labor migration is the prophase investment of human capital.

Keywords

EN

Rural human capital investment, labor migration, vector error correction model (VECM), time lag effect

• Publisher: Prague Development Center, Czech Republic
• Journal: Business and Economic Horizons
• Year: 2016
• Volume: 12
• Issue: 4
• Pages: 164-172

Dates

published

2016-12-10

Contributors

author

Shihu Zhong

• Hunan University of Science and Technology, China. Shanghai University of Finance and Economics, China

author

Tang Juan

• Jinan University, Guangzhou, China

References

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Identifiers

DOI

http://dx.doi.org/10.15208/beh.2016.12