Empirical Analysis on Higher Education Affecting Regional Economic Development: A Case of Jiangxi Province

摘要

The relation between higher education and regional economy is always the key subject of research on higher education in each country. It will be helpful for higher education and regional economy to close unify, and enable higher education to promote the development of regional economy. This paper analyzes it taking Jiangxi province for example by using empirical means of Augment Dickey-Fuller (ADF) test, co-integration test, Granger causality test and error correction model test, etc. The result of test indicates that higher education is advantageous to economic growth in Jiangxi, but the brain drain restricts this function. Therefore, the local government should take preferential measure to attract domestic and foreign brain and the fund to flow in Jiangxi, and strengthen the effective interaction between higher education and local economy.