Abstract：
Based on the panel data of 18 cities , establishing spatial econometric model, this paper analyzes finance convergence of human capital in Henan Province. Finance convergence exists significantly ;the analysis of the control variables shows that own financial resources, human capital investment preferences and the financial transfer payment from the higher-level govements had increased the disparity of financial investment on human capital among cities, but the influence of GDP per capita is not significant; there are significant spatial dependence during the allocation process of city-level financial resources on human capital.In order to speed up the human capital’s finance convergence among cities and promote the balanced development of regional economy,.we should improving fiscal revenue contribution of economic growth , fundamentally change the incentive mechanism of the local government, actively play the higher-level governments’ balanced role of financial resources and guiding role ,and design policy in full consideration of regional spatial dependence.
2014 
