Author(s)

Jingxing Tao

Corresponding Author

Jingxing Tao

Abstract

With the rapid development of higher education, society has been paying increasing attention to investment in education. However, whether investment in higher education is effective in improving the job matching of graduates is still a question that deserves in-depth research. The spatial effect of the impact of higher education investment on innovative human capital is empirically examined. It is found that higher education investment promotes regional innovative human capital accumulation, and there is a certain spatial effect, in which the central university investment shows negative spatial spillover with "siphon effect", and the local university investment shows positive spatial spillover with "diffusion effect ". Based on the relevant theory and empirical analysis, this paper constructs the influence model of employment matching degree, and verifies the positive effect of higher education investment on the job market through data. The research results show that reasonable education investment can not only enhance the employment competitiveness of graduates, but also optimize the matching of supply and demand in the labor market.

Keywords

investment in higher education, graduate employment, job matching, returns to education, labor market, specialization, employability