Part III: It objectively analyzes and comments effects of the widening of income gap on our economic-society, such as on economic growth, industrial structure , human capital investment, and social stableness.
So the fundamental measures is to create more employmental opportunity through economic growth, to promote the governmental ability of redistribution, and to improve the capability of the urban low-income stratum to participate in the production of value and share the fruits of economic development through investment in human capital, which all is based on the implementing the principle of "equity from the starting points".
But for a single person, his human capital has more contribution than his physical labor. So it is possible and available to increase the investment of human capital in order to realize the economic growth.
So the thesis put forward the measure and route to decrease the gap of income, and pointed out that the increase of the investment of human capital in the rural is the most effective measure to decrease the income gap.
For this reason, researchingthe status quo of the investment of human capital and its effect in economic growth, findingquestion existed, putting forward investment and accumulation strategy of human capital andpromoting economic long-term growth, are this article's research purpose.
the national fiscal policy' intervention, motivated by endogenetic growth,may gradually help form the mechanism that transfers material capital investment to manpower capital investment in favour of economic gowth.
Through theoretical and empirical analysis, this paper finds out that the key to transformation is to raise the economic value of people, to improve human capital investment and to match the stocks of physical and human capital.
This papers offers an explanation of this fact based on a simple life-cycle model of human capital investment and timing of first birth.
The empirical analysis finds results consistent with the higher wages of late childbearers arising primarily through greater measurable human capital investment.
Implementation of this second-best insurance however distorts the human capital investment decisions when education qualifies for a low risk job.
This paper tests whether interhousehold transfers from children to parents in developing countries are motivated by altruism or intended to be repayments of implicit parental loans taken up by children for human capital investment.