Title :
The simulation of China education-economy system: a system dynamics model
Author :
Zhang, Liang ; Zhang, Xuehua ; Li, Na
Author_Institution :
Coll. of Economic, Tianjin Polytech. Univ., Tianjin, China
Abstract :
China education-economy system is typical complex system. Both traditional region economic theory and complex social economic theory were used to analyze it. The econometric equation of system constituents´ interactions was built based on the Cobb-Douglas production function. The integrated system model was built according to system dynamics. The simulation indicates that China education-economy system develops steadily in the next 10-15 years and education will become the primary factor of promoting the economy after that.
Keywords :
econometrics; education; large-scale systems; China education-economy system; Cobb-Douglas production function; complex system; econometric equation; integrated system model; region economic theory; social economic theory; system dynamics; Analytical models; Biological system modeling; Econometrics; Education; Investments; Software; China education-economy system; econometrics; system dynamics;
Conference_Titel :
System Science and Engineering (ICSSE), 2010 International Conference on
Conference_Location :
Taipei
Print_ISBN :
978-1-4244-6472-2
DOI :
10.1109/ICSSE.2010.5551800
