The Impact of Intelligent Development on Income and Human Capital Flow: Evidence from Regression Analysis

Column (1) shows a statistically significant positive relationship between intelligent development and average income when income is used as the explanatory variable. This implies that intelligent development has a beneficial impact on income levels. In column (2), the use of human capital flow as the explanatory variable reveals a statistically significant negative relationship between intelligent development and human capital outflow, while income exhibits a significant positive relationship. This suggests that intelligent development can lead to a depletion of human capital, while an increase in income can attract more individuals. However, the magnitude of the coefficient indicates that income growth has a greater effect on attracting individuals than the negative impact of intelligent development.