关键词： 教育生产力, 经济增长, ECM模型

Abstract: There is a long-term stable relationship and a short-term coordinating mechanism between the development of Chinese Education productivity and economic growth.In the long run,the promote coefficient of the development of the education productivity to the economic growth is 0.77%,meaning that the economic growth not only depends on the improvement of the early education productivity level,but also relies on the deviation of the average level of the education productivity of the previous stage.From the causality analysis,the development of the Chinese education productivity level and the economic growth interact as both cause and effect.The exaltation of the education productivity level can promote the economic growth and vice versa.Hence,it’s required that the development of the education productivity should be given due attention.Thus,the government should set aside more expenditure on the development of education instead of ignoring the long-term function of education because the short-term significance of education productivity is not manifest enough.

Key words: education productivity, economic growth, ECM model