An Analysis Of The Contribution Of Labor Force To The Growth Of Chinese Economy

Chinese population birth rate continues to slump,accompanied by the rapid aging of the previous generation of labor,the proportion of the working population of the total population continued to decline,the new generation of labor can continue to maintain the steady growth of the national economy? How much can the national economy be sustainable? Is the hot topic of discussion in recent two years.Theoretically,if the labor force has a larger share of the total population,it can provide sufficient labor reserves to delay the diminution of capital returns.So for China,is the extent to which economic growth depends on the quantity and quality of the labor force?This paper will be divided into three parts to elaborate and analyze: First,the review of foreign studies from the classical neo-classical a modern economic growth theory of the evolution of the development process to review the domestic and foreign scholars on labor and economic growth empirical research results And the status quo.Secondly,following the four principles of scientificity,relevance,comparability and maneuverability,we construct the evaluation index of measurement labor,replace the number of labor with the number of employees,replace the labor quality with the national financial education funds,and select the 1991-Time interval,construct the measurement model of labor contribution degree,and finally the empirical contribution to measure the contribution of labor quantity and the contribution of labor quality.The results show that the contribution of labor quality to economic growth in China is far greater than the contribution of labor quantity to economic growth.This explains why the current economic growth in China is still at a high speed.Finally,the relationship between labor force growth and economic growth in the whole country and each province is simulated by curve regression and panel data analysis,and the simulation results are tested.The results show that in the case of the same investment in each industry,the number of first industry on the value of the increase in the contribution to the smallest GDP,and the same number of labor through the secondary industry and tertiary industry to bring more GDP increase.Then,through the overall regression equation of each province,it can be seen that the gap between GDP growth rate decreases with the passage of time.At the same time,this paper uses the statistical analysis method to study the population growth rate and GDP growth rate,For example,Jiangsu,Henan,population growth rate and GDP growth rate;on the contrary,for some long-term attract foreign migrant workers in the provinces,such as Jiangsu,Fujian,population growth rate and GDP growth Rate was positively correlated.Based on the above conclusions,it can be seen that as the level of penetration of science and technology is more and more influential and talent flow changes and other factors,the labor output and the input population changes will be balanced,the economic development and the absolute value of the population related to the traditional pattern Will also be broken,the impact of changes in the number of simple population and economic constraints can also be gradually weakened.The purpose of this study is to discuss the relationship between labor and population growth,and to raise a better understanding of the relationship between population and economy.