Effect Of Industrial Structure Change On Economic Increase

From the beginning of reform and opening up to now,China's economy has undergone tremendous changes,contributing more than thirty percent to the world's economic growth,creating a miracle of Chinese economic development.However,the growth of China's economic growth has been declining year by year from 2011,the decline has been continuing for five or six years,and there is still a downward trend.How should we view the slowdown in economic growth correctly? The mainstream view is that economic slowdown is a structural slowdown in economic growth caused by the transformation of economic structure.Therefore,the objective understanding of the relationship between industrial structure,human capital and economic growth is of great significance to the formulation of relevant policies according to local conditions.Taking industry proportion,human capital growth and economic growth rate as the research object,this paper focuses on the impact of industrial proportion on economic growth rate,and the impact of the cross proportion of industrial proportion and human capital growth on economic growth.First of all,the relationship between the model of economic growth and industrial structure and economic growth rate from the theoretical level to discuss next,relationship between the three industries and economic growth based on GDP model according to the proportion and the three industry accounted for,according to the endogenous growth model with human capital growth as the regulation model based on the model,from 2001 to 2014 at the provincial level in China based on the sample data,estimation techniques to study the industry and industry and the proportion of human capital cross terms on China's economic growth rate of the impact of the use of system GMM.Through theoretical and empirical analysis,this paper finds that:(1)the decline in the proportion of the primary industry is conducive to promoting the economic growth;the second industry proportion promotes the economic growth,and the third industry share rises,which inhibits the economic growth.There are obvious regional differences between the three relationships.(2)human capital to promote economic growth rate of decline in the proportion of primary industry has a positive regulatory role to promote economic growth;human capital has negative moderating effect on the rising proportion of the second industry;human capital economic growth inhibition has a positive regulatory role in the rise of the proportion of the third industry.Therefore,according to local conditions,according to the industrial structure characteristics of different regions and the status of human capital,making relevant industrial policies is very important for rational allocation of resources,promoting the optimization of industrial structure and promoting economic growth.