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Education – A Factor In The Eu Economic Growth

Author

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  • 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

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    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)

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