A Study On The Effect Of Technological And Educational Financial Input To Employment Of Liaoning Province

The Global financial crisis leads a global economic recession, which made our society turned to be such kind of sense:the demand of employment raised, positions dropped, the job pressure bigger than ever before, the employment elasticity and economic development coexist. It is undoubtedly a huge challenge for Liaoning Province. The employment growth and the development of technology and education are closely related, while the advance of technology and education depends on the technological and educational input, and most of the inputs come from the governmental finance. Therefore, to allocate the financial input of technology and education rationally, to exert the regional advantages and promotes the comprehensive, balanced development could provide Liaoning province a solid material foundation, as well as the long-term stable economic and employment situation.This paper based on the employment elasticity theory, endogenous growth theory, human capital theory, econometric theories and related research home and aboard. Firstly, it analyses the technology and education's financial input and employment in Liaoning Province in recent years. Through the elasticity of employment, technology and educational financial input to economic growth and employment, this paper finds out the structure of total employment and the severe fact which Liaoning province faced. Secondly, this paper builds a multiple linear regression model by using the time series analysis to show that the financial input of technology and education and the growth of economic and employment have a high relevance, the technological and educational financial input as a whole enhance the employment. Then this paper builds a panel data model by using the cross section and time series method for the cities of Liaoning province, the result manifests that the financial input of technology and education plays a prominent role in fueling the employment, the superposition of technology and education financial inputs to GDP is the decisive factor in propelling the total employment. Finally, it proposes four countermeasures connected with employment. That is rational distraction of technology and education's financial input ratio; exerts the regional advantages and promotes the comprehensive and balanced development; strengthen technological input on the new industries encouraging; meeting the match between the education and social demand.