IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2011v4p171-176.html
   My bibliography  Save this article

Education – A Factor In The Eu Economic Growth

Author

Listed:
  • Loredana-Ioana Pribac

    (West University of Timisoara, Romania)

Abstract

This paper presents the correlation between the GDP per capita and the education expenses for each pupil, the correlation between the employment rate and GDP per capita, as well as the correlation between the level of the early school dropout and the high school graduation rate of people between 20 and 24 years old, all refer to the member states of European Union. The conclusion which can be inferred from the analyses is that Romania, in most of the situations, is the last among the states of the European Union, thus it has a much to recover and improve to be at the same level as the rest.

Suggested Citation

  • Loredana-Ioana Pribac, 2011. "Education – A Factor In The Eu Economic Growth," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 171-176, December.
    • Handle: RePEc:cbu:jrnlec:y:2011:v:4:p:171-176
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2011-4/30_PRIBAC_LOREDANA_IOANA.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Philip Stevens & Martin Weale, 2004. "Education and Economic Growth," Chapters, in: Geraint Johnes & Jill Johnes (ed.), International Handbook on the Economics of Education, chapter 4, Edward Elgar Publishing.
    2. Papageorgiou Chris & Pérez-Sebastián Fidel, 2005. "Matching Up the Data on Education with Economic Growth Models," The B.E. Journal of Macroeconomics, De Gruyter, vol. 5(1), pages 1-22, April.
    3. Mauro, Luciano & Carmeci, Gaetano, 2003. "Long run growth and investment in education: Does unemployment matter?," Journal of Macroeconomics, Elsevier, vol. 25(1), pages 123-137, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tiago Sequeira & Elsa Martins, 2008. "Education public financing and economic growth: an endogenous growth model versus evidence," Empirical Economics, Springer, vol. 35(2), pages 361-377, September.
    2. Michael S. Delgado & Daniel J. Henderson & Christopher F. Parmeter, 2014. "Does Education Matter for Economic Growth?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 76(3), pages 334-359, June.
    3. Raghavan, Roopali & Shrimali, Gireesh, 2015. "Forest cover increase in India: The role of policy and markets," Forest Policy and Economics, Elsevier, vol. 61(C), pages 70-76.
    4. Chakraborty, Bidisha & Chakraborty, Kamalika, 2016. "Low Level Equilibrium Trap, Unemployment, School Quality, Child Labour and Human Capital Formation," MPRA Paper 74621, University Library of Munich, Germany.
    5. Chris Papageorgiou & Fidel Perez‐Sebastian, 2007. "Is the Asymptotic Speed of Convergence a Good Proxy for the Transitional Growth Path?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(1), pages 1-24, February.
    6. Arsen Tleppayev & Saule Zeinolla, 2025. "Forecasting Youth Unemployment Through Educational and Demographic Indicators: A Panel Time-Series Approach," Forecasting, MDPI, vol. 7(3), pages 1-20, July.
    7. Milenko Popovic, 2007. "Rising Wage Inequality, Rate Of Return On Investment In Education, And Cost Of Education," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 3(5), pages 35-58.
    8. Tan, Clifford, 2013. "The contribution of university rankings to country's GDP per capita," MPRA Paper 53900, University Library of Munich, Germany.
    9. Maloney, William F. & Valencia Caicedo, Felipe, 2014. "Engineers, Innovative Capacity and Development in the Americas," IZA Discussion Papers 8271, Institute of Labor Economics (IZA).
    10. Irina V. Zastrozhnikova & Nadiia V. Datsii & Nelya M. Filyanina & Petro S. Oleshko & Nataliia M. Shkvorchenko & Liliia A. Martynets, 2020. "Financial and Economic Support of the Organization of the Educational Process," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 299-309.
    11. Fahad Khalid, 2019. "Literature Review on Social Cohesion and Economic Growth," International Journal of Science and Business, IJSAB International, vol. 3(4), pages 39-60.
    12. Josef C Brada & Marcello Signorelli, 2012. "Comparing Labor Market Performance: Some Stylized Facts and Key Findings," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 54(2), pages 231-250, June.
    13. Milenko Popovic, 2006. "Capital Augmenting And Labor Augmenting Approach In Measuring Contribution Of Human Capital And Education To Economic Growth," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 2(4), pages 71-108.
    14. Farid Shirazi & Nick Hajli, 2021. "IT-Enabled Sustainable Innovation and the Global Digital Divides," Sustainability, MDPI, vol. 13(17), pages 1-24, August.
    15. Pribac Loredana Ioana & Anghelina Andrei & Blaga Radu Lucian, 2016. "Return on investment in education. Case study on education in Romania," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 26(1), pages 26-39, March.
    16. Tingyun Chen & Jean-Jacques Hallaert & Alexander Pitt & Haonan Qu & Maximilien Queyranne & Alaina Rhee & Anna Shabunina & Jérôme Vandenbussche & Irene Yackovlev, 2018. "Inequality and Poverty across Generations in the European Union," IMF Staff Discussion Notes 18/01, International Monetary Fund.
    17. G. S. F. Bruno & M. T. Choudhry & E. Marelli & M. Signorelli, 2014. "Youth Unemployment: Key Determinants and the Impact of Crises," AIEL Series in Labour Economics, in: Miguel Ángel Malo & Dario Sciulli (ed.), Disadvantaged Workers, edition 127, chapter 0, pages 121-148, Springer.
    18. Olanipekun, Dayo Benedict, 2019. "Human Capital Development and Growth in Africa: Does Youth Unemployment Matter?," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 7(4), pages 191-202, December.
    19. Penny Mok & Geoff Mason & Philip Stevens & Jason Timmins, 2012. "A Good Worker is Hard to Find: Skills Shortages in New Zealand Firms," Occasional Papers 12/5, Ministry of Economic Development, New Zealand.
    20. Kamalika Chakraborty & Bidisha Chakraborty, 2018. "Low level equilibrium trap, unemployment, efficiency of education system, child labour and human capital formation," Journal of Economics, Springer, vol. 125(1), pages 69-95, September.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2011:v:4:p:171-176. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae The email address of this maintainer does not seem to be valid anymore. Please ask Ecobici Nicolae to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.