Analysis of Relationship Between Higher Education and Economic Growth of China : Using Panel ARDL Approach
Recent developments of research on the relationship between higher education and economic growth in developing countries has attracted much attention. This study analyzes the long-term and short-term causal relationship between China's higher education and economic growth from 1997 to 2016. For this objective , using the ARDL (autoregressive distributed lag) test method by a higher education indicator returned to real GDP. On the basis of findings, higher education is aligned with economic growth in the long-run relationship, there is a two-way causality between higher education and economic growth
Index terms - Panel ARDL approach, Economic Growth, Higher Education.