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Fettouche Fatma: Influence of Human Capital On Employment In China Standard
                                                    Analytical Study


                    Table.9 Joint Coefficient Significance Test (Wald Test)
                           Test         Value             Df                  Prob
                           Statistic
                           F-statistic   18.40347         (2, 23)             0.0000
                           Chi-square   36.80694          2                   0.0000


                    CONCLUSIONS
                    The  conventional  economic  analysis  assessed  the  influence  of  human  capital  on
                    employment in China from 1990  to 2022, yielding the following results:
                    - The trajectory of government expenditure in the health and education sectors has
                    experienced  significant  fluctuations  due  to  the  nation's  economic  and  political
                    upheaval, as well as the State’s reform initiatives.
                    - Human capital exerts a favorable and statistically significant influence on long-term
                    employment.
                    -Short-term  work  benefits  statistically  significantly  from  human  capital.  All
                    imbalances are fixed within four years and five months since the error correction
                    factor, which corrects disparities yearly, indicates a long-term equilibrium between
                    human capital and employment
                    of 37.51.
                    -Human capital exerts a beneficial influence on employment in China, both in the
                    short and long term.

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