The Impact of Control Variables on Human Capital Misallocation: A Positive Correlation Analysis
With respect to the control variables, it is observed that all of the selected variables exhibit a positive statistical significance. The variables of 'economic progress', 'industrial upgrading', 'financial growth', 'innovation fostering', 'economic concentration', and 'marketization advancement' have the potential to mitigate the misallocation of human capital, with 'marketization' exhibiting a particularly noteworthy corrective impact. In contrast, the expansion of 'population size' exacerbates the misallocation of human capital factors.
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