This book develops a human capital model to explain transformational growth within different stages of economic development, which will induce technological changes and consequently will require a change in human capital. China is a case study in transition and can provide useful lessons to other emerging economies.

Introduction(i) Structural Transformational Growth and theTransformation of Human Capital(ii) Uneven Structural Transformation betweenChinese Provinces(iii) Aims of the Thesis(iv) Outline of the StudyChapter 1Neoclassical and Endogenous Growth Models(i) A Comparative Analysis of Neoclassical andEndogenous Growth Theories(a) The Harrod-Domar Theory of Economic Growth(b) The Neoclassical Model of Economic Growth(c) The Endogenous Growth Model(ii) Human Capital and the Endogenous Nature ofTechnological Change(iii) Endogenous and Exogenous Factors as Facilitatorsof Economic GrowthConclusionChapter 2The Accumulation of Human Capital as a Factor of Production(i) The Accumulation of Human Capital and itsTransformation into Economic Growth(ii) The Complementarity between Human Capitaland Physical Capital(iii) The Nexus between Human Capital and TechnologicalChange and their Effects on Economic Growth(iv) Economic Policies for Economic Growth through CapitalAccumulation(v) Policies for Human Capital Formation to EnhanceEconomic Growth(vi) Policies for the Provision of Educational Resources andEducational PerformanceConclusionChapter 3Pathways of Human Capital towards Economic Growth(i) Pathways of Human Capital towards EconomicGrowth and Development(ii) Work Processes and the Applications of Human Capital(iii) The Enhancement of Productivity through Human Capitaland Technological Change(iv) Human Capital and the Production Possibility Curve(v) The International Best-Practice Production FunctionConclusionChapter 4Human Capital Transformation and Cycles ofInnovative Economic Development(i) Human Capital Theories, R&D and Technology Transfer(ii) Human Capital and Innovations as Creative Destructions(iii) The Induced Innovation Hypothesis(iv) Innovation and Product Cycles as Determinantsof Economic Growth(v) Learning-by-Doing within a Globalized Economy(vi) The Import-Production-Export Cycle and theTransformation of Human Capital(vii) The Capital Goods Import-Production-Export Cycle(viii) The Human Capital Transformation: From Comparativeto Competitive AdvantageConclusionChapter 5Stages of Economic Development and Convergence and theChanging Demand for Human Capital(i) Structural Transformation and the Effect on Human Capital(ii) Stages of Economic Development and ChangingDemand for Human Capital(iii) The Transformation of Human Capital through Stagesof Economic Development(iv) The Appropriateness of Various Types of Human Capitaland the Stages of Development(v) The Contribution of Human Capital within different Stagesof Economic Development(vi) The Contribution of Human Capital and EconomicGrowth with different Sectors of the Economy(vii) The Theoretical Framework of Absolute and ConditionalConvergenceConclusionChapter 6Human Capital, Income Distribution and Economic Growth(i) The Wage Structure and Economic Growth(ii) The Effects of Technological Changeon Human Capital and its Associated Wage Levels(iii) Changes in Human Capital and theirEffects on the Distribution of Income(iv) Regional Income Distribution and Human Capital(v) Provincial Inequality of the Spending of Education(vi) The Inequality of Income across Chinese Provinces(vii) Equity and Economic GrowthConclusionChapter 7An Economic Profile of China(i) Economic Reforms and their Effects on ChineseEconomic Development(ii) Market Reforms and China '' ''s Growth Engines(iii) China within the Global Economy: The Effect of theSpecial Economic Zones and Opennesson Chinese Provincial Development(iv) China '' ''s Unequal Development and the Widening Income Gap(v) China '' ''s Move towards the InternationalTechnological FrontierConclusionAppendix I: Provincial Map of ChinaChapter 8Transformational Growth and Human Capital Transformation in China(i) Perpetual Structural Transformational Growthand Human Capital(ii) Foreign Direct Investment and the Effect onHuman Capital Formation(iii) Export-led Growth and its Effect on Human Capital(iv) The Spill-over Externalities if the '' ''Open Door '' '' Policyand Infrastructure(v) The Flying-Geese Pattern of Economic Developmentwithin a Globalized EconomyConclusionChapter 9Convergence and Divergence between China '' ''s Provinces(i) Convergence versus Divergence between Chinese Provinces:The Formation of Clubs(ii) The Empirics on Economic Growth and Convergencebetween Chinese Provinces(iii) Comparative Growth Rates between Provinces(iv) Endogenous Growth Theory and Chinese ProvincialEconomic Policies(v) The Inter-Provincial Migration of Surplus Labour(vi) Divergence of Income Distribution between China '' ''s ProvincesConclusionChapter 10Review of Empirical Studies on China '' ''s Economic Growth(i) Conflicting Evidence of Human Capital Contribution toGDP in Cross-Country Studies(ii) The Contribution of Human Capital to ChineseProvincial Growth(iii) Human Capital and Its Effect on Total Factor Productivity(iv) Limitations of Previous StudiesConclusionChapter 11New Evidence on the Contribution of Human Capital to ChineseProvincial Economic Performance1. The Data Generating Process2. Data Limitations3. Econometric Methodology3.1 Production Functions3.2 Growth Regressions3.3 Analysis of Growth Volatility3.4 Multi-Factor Productivity4. Measurement of Variables4.1 Human Capital4.2 Other Variables5. Human Capital and Chinese Provincial Income Levels6. Human Capital and Chinese Provincial Growth7. Control Variables8. The Effects of Aggregation9. The Effects of Spillovers10. Interactions11. Human Capital and Growth Volatility12. Human Capital and Chinese Provincial Multi-Factor Productivity13. EndogeneityConclusionConclusion1. Structural Transformational Growth of China '' ''s Economy2. Endogenous Technological Change and Human Capital3. Methods and Findings4. The Widening Gap of Income Disparity and Convergence5. Economic Policies and Human Capital6. New Directions: The Shift from Comparative to CompetitiveAdvantage