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     Research Journal of Applied Sciences, Engineering and Technology


Study on the Relationship between Business Industry Human Resources and Business Economy Growth

Diping Zhang
School of Sciences, Zhejiang University of Science and Technology, Hangzhou 310023, China
Research Journal of Applied Sciences, Engineering and Technology  2013  23:5457-5460
http://dx.doi.org/10.19026/rjaset.5.4218  |  © The Author(s) 2013
Received: December 07, 2012  |  Accepted: January 19, 2013  |  Published: May 28, 2013

Abstract

Based on human resources theory at home and abroad and the theory of economic growth, this article analyzes the internal mechanism of the exploitation and utilization of business industry human resources from the perspective of competition mechanisms, incentive mechanisms, market allocation mechanisms and protection mechanisms. On the basis of statistical analysis of business industry human resources situation in Zhejiang, it studies empirically the term cointegration relationship between business industry human resource and business economic growth through the establishment of econometric model, and analyzes the output elasticity of business industry human resources to business economic growth. The paper draws some conclusions and puts forward corresponding countermeasures.

Keywords:

Business economic growth, business industry, econometric model, human resources, internal mechanism,


References


Competing interests

The authors have no competing interests.

Open Access Policy

This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Copyright

The authors have no competing interests.

ISSN (Online):  2040-7467
ISSN (Print):   2040-7459
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