Interaction Mechanism and Comparative Study of Talent Resources and Economic Growth in Xi’an

Abstract

With the transition of China’s economic growth to innovation-driven, innovation’s fundamental driver lies on talents, and the interaction mechanism between talents and economic growth has attracted scholars’ more attention. Using the statistical yearbook data from 1997 to 2011, Lucas economic growth model was introduced into the research on relationship between Xi’an talent resources and economic growth, and compared with the Chengdu, Wuhan and Shenzhen. Found that the quantity, quality and structure of talent resources directly influence the economy growth rate. The capital contribution rate of Xi’an is relatively low, but Xi’an’s talent capital stock and growth rate is relatively high, which shows that the contribution of talent resources to Xi’an’s economic growth have much space for growth in a long run. Then through analyzing the obstacles of transformation from talent resources advantages to economic development advantages, we proposed three countermeasures about gathering talents to form a multiplier effect, improving government policy to promote talent input-output effect, strengthening service and optimizing environment to improving the talent resources’ utilization rate.