The Empirical Study of the Education Investment’s Influences on the Industrial Structure Rationalization in Hainan Province

Abstract

Hainan’s development level of economics and education captures much attention, which is the youngest province, the largest special economic zone and construction base of international tourism island in China. With the implementation of our country’s policy of industrial structure adjustment, the industrial structure’s optimization and upgrading in economic development also becomes one of the focuses in scholarly research. The thesis combines relevant industrial structure areas in education and economic development. And from the view of financial investment, it firstly studies the education investment’s influences on the industrial structure rationalization in Hainan Province by employing VAR model and its application.