A Study on the Impact of Higher Education Expansion on Human Capital Accumulation and Economic Development - An Empirical Analysis Based on Structural Equation Model
Xiufeng Ren
Abstract:Based on structural equation modeling, this paper investigates the impact of expanding higher education levels on human capital accumulation and economic development. The relationship between latent and latent variables is used to estimate the maximum likelihood estimates of scale expansion by calculating unstabilized and stabilized weights. A weighted linear combination of weights in the weights pool is used to construct the SL estimator. Based on the structural equation model, the prediction model of the imp… Show more
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