JSFiddle - React, Tailwind, and code Playground
HTML
<select id='list'>
<option value='1'>First</option>
<option value='2'>Second</option>
<option value='3'>Third </option>
</select>
<input type ="text" id="text"/>
JavaScript
$('#text').val($('option:selected').text());
$('#list').change(function(){
$('#text').val($('option:selected').text());
})