The Investment Choices to Deal with the Slowdown in Economic Growth—Based on the Analysis of the Effect of Human Capital Investment ()
ABSTRACT
Investment is regarded as one of ways to promote economic growth, but the effect of
investment on economic growth depends on different investment purposes and investment
subjects. This paper begins with a brief description of the economic plight in
China in recent years, and then based on human capital theory, reveals the special effect
of human capital investment on economic growth compared to physical capital
investment. Finally, it puts forward the way to cope with the economic downturn. The
purpose of this paper is to provide a theoretical basis for the government policy of increasing
investment in human capital to boost economic sustainable development.
Share and Cite:
Liu, Z. and Chen, Y. (2016) The Investment Choices to Deal with the Slowdown in Economic Growth—Based on the Analysis of the Effect of Human Capital Investment.
Open Journal of Business and Management,
4, 558-570. doi:
10.4236/ojbm.2016.44060.