Author(s)

Cui Yang ¹

Affiliation(s)

¹ Ulanqab Vocational College, Ulanqab City, Inner Mongolia Autonomous Region, China

Corresponding Author

ABSTRACT

With the reform and opening up and socialist modernization, China's economy has achieved rapid growth. In 2012, the financial input to education accounted for 4% of the total financial input of the state. Education is related to people's livelihood, according to the theory of human capital, investment in education is conducive to the promotion of personal income. In this paper, the VAR model is constructed, impulse response analysis and variance decomposition analysis are carried out, and the relationship between educational investment and individual income is discussed.

KEYWORDS

CITE THIS PAPER

Cui Yang, An Empirical Study on the Relationship between Educational Expenditure and the Average Wage of Employed People in China. Adult and Higher Education (2023) Vol. 5: 107-114. DOI: http://dx.doi.org/10.23977/aduhe.2023.051115.

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Sponsors, Associates, and Links

• Advances in Educational Technology and Psychology
  
  
• Curriculum and Teaching Methodology
  
  
• Transactions on Comparative Education
  
  
• Applied & Educational Psychology
  
  
• Advances in Vocational and Technical Education