Research on the Effect of Regional Talent Allocation on High-Quality Economic Development—Based on the Perspective of Innovation-Driven Growth

Abstract

As China’s economy moves towards a stage of high-quality development and shifts its economic development goals from GDP growth to green and sustainable growth, technological support is essential for achieving green and sustainable economic growth. Therefore, the supply of talent, as the source of innovation, is crucial. Against the backdrop of relying on innovation to drive high quality economic development, achieving the effective allocation of talent within a spatial range to maximize the release of human capital dividends and promoting the benign interaction between talent regional allocation and technological innovation is an urgent issue that needs to be addressed to achieve environmentally sustainable economic development. Based on this, this paper studies the effect of regional talent allocation on high-quality economic development, reveals the impact mechanism of regional talent allocation on high-quality economic development, and uses the panel data of 258 cities in China from 2004 to 2019 to empirically test the impact of regional talent allocation on high-quality economic development, with a view to improving regional talent allocation, releasing talent potential, and promoting the improvement of regional environmental quality and the convergence of new ideas for high-quality economic development. This research indicates the following: (1) The improvement of the talent regional allocation level can effectively promote high-quality economic development, and mechanism verification shows that talent regional allocation promotes high-quality economic development by influencing regional innovation;. (2) The heterogeneity test found that the impact of regional talent allocation on high-quality economic development indicated a law of an increasing marginal effect from east to west, while innovation drive and the interaction between regional talent allocation and innovation drive showed the strongest characteristics in the central region, followed by the west, with the weakest being in the east. In addition, both the regional allocation of talent and the innovation-driven impact on the high-quality development of the economy have a higher marginal effect in non-urban agglomeration cities than in urban agglomeration cities. (3) There is a dual threshold effect of innovation-driven regional talent allocation on the development of a high-quality economy. When the innovation drive is between 0.4898 and 10.2214, the spillover effect of innovation-driven talent flow is less than the negative impact of talent flow, which is not conducive to the development of a high-quality economic development effect of regional talent allocation. Studying the impact of regional talent allocation on high-quality economic development not only helps to supplement and improve the theory of human capital mobility, providing new explanations for high-quality economic development in the new era, but also contributes to enriching the content of modern macroeconomic theory.