Open AccessHigher Education Development, Regional Economic Growth and Opening to the Outside World
Author(s) -
Yongsheng Guo
Publication year - 2022
Publication title -
asian business research
Language(s) - English
Resource type - Journals
eISSN - 2424-8983
pISSN - 2424-8479
DOI - 10.20849/abr.v7i1.994
Subject(s) - china , order (exchange) , economic growth , social change , quality (philosophy) , higher education , economic geography , economics , development economics , political science , philosophy , finance , epistemology , law
The development of higher education and opening to the outside world are important factors in promoting China's economic growth. On the basis of clarifying the relationship between the three, based on the economic and social statistics of 290 prefecture-level and above cities in China from 2003 to 2018, this paper constructs a panel model to test the role of higher education development on regional economic growth and the mediating role of urban opening up between the two. The study found that: in the past 15 years, the improvement of the development level of higher education can not only directly promote the growth of the regional economy, but also indirectly promote the growth of the regional economy by improving the level of urban opening to the outside world. It is suggested that the high-quality development of higher education should be continuously promoted, and the opening-up efforts should be increased in order to achieve the strategic goal of high-quality economic and social development.