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Analysis of Human Capital Investment and Agricultural Economic Growth

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DOI: 10.38007/Proceedings.0001305

Author(s)

Mingke Liu

Corresponding Author

Mingke Liu

Abstract

Human capital plays an important role in modern economic growth and is called the "first capital" to promote economic growth and social development. This view has long been widely recognized by economists, but little attention has been paid to the role of this view in agriculture. At present, the level of human capital in my country's rural areas is very low. Whether this level of human capital affects agricultural production is the first question considered in this article. Therefore, the purpose of this article is to study the relationship between agricultural human capital investment and agricultural economic growth. This article uses time series data from 2009 to 2019. Analyze the relationship between human capital, labor transfer and agricultural economic growth. Continue to analyze the relationship between the growth of human capital and the growth of agricultural economy in the relevant data on agriculture from 2009 to 2019. Then analyze the importance of human capital to the development of agricultural economy. The experimental results that can be obtained are that the transfer of agricultural labor forces leads to an increase in the input of agricultural material capital, which in turn leads to an increase in total agricultural output.

Keywords

Human Capital; Human Investment; Agricultural Economy; Economic Growth