关键词: 人力资本集聚, 教育资本, 健康资本, 空间效应, 时间距离

Abstract: This article builds the mechanism models of the spatial effect of human capital agglomeration on economic growth in view of education capital and health capital based on the analysis framework of Solow Growth Model. We examine the spatial effect of education capital and health capital accumulation on economic growth through Chinese provincial level panel data and the dynamic change of railway time distance between provinces. The results reveal that the dominant effects of education capital and health capital accumulation in space are the “diffusion effect” and the “siphon effect” respectively, and the two types of human capital demonstrate spatial heterogeneity. Moreover, with the increase of time distance between two provinces, the two types of human capital show nonlinear spatial patterns of inverted U and positive U respectively. Compared to the non-high-speed railway era, the spatial effect of human capital agglomeration in high-speed railway era is more significant. While the eastern area can't absorb the education capital diffusion effect of other areas, the central and western areas can benefit from the diffusion effect of education capital from other areas. The tilt and dispersion of health capital investment can be an effective tool to adjust the economic balanced growth of eastern, central, and western areas. Therefore, the study argues that human capital investment should systematically consider the coordination of time and space, moderately concentrated education investment is the best strategy, and health capital should adopt a spatial balance investment strategy.

Keywords: Human Capital Agglomeration, Education Capital, Health Capital, Spatial Effects, Time Distance