TITLE:
Impact of Human Capital Inequality on Total Factor Productivity in China
AUTHORS:
Chongyi Gong
KEYWORDS:
Total Factor Productivity, Human Capital Inequality, Human Capital Gini Coefficient
JOURNAL NAME:
Modern Economy,
Vol.7 No.5,
May
16,
2016
ABSTRACT: This paper investigates the impact of human capital inequality on Total
Factor Productivity (TFP) in China. Approaching this question in dynamic panel
data over 18 years and 29 provinces with first-order difference GMM and system
GMM estimators reveals: human capital inequality has a significant negative
effect on TFP, and high-quality human capital has a significant positive effect
on TFP.