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Study on Financial and Outcome Measures of Education Sector from Romania

Author

Listed:
  • Adrian Cosman

    (University of Craiova)

  • Monica Logofătu

    (University of Craiova)

  • Elena Cristina Cernătescu

    (University of Craiova)

Abstract

In Romania as a consequence of a policy that did not establish education as a priority area, the rates of financial allocations for education related to budget revenues and GDP decreased, which had an bad effect on the outcomes in education sector bringing a change in some measures calculated on the basis of graduates’ number, school population, the number of students who passed the baccalaureate exam, graduates' employment rate, enrollment in education, and the leaving rate. This paper aims to investigate the evolutions of educational expenses and outcome measures that describes the education sector in Romania and the principal influences that are established between these measures.

Suggested Citation

  • Adrian Cosman & Monica Logofătu & Elena Cristina Cernătescu, 2019. "Study on Financial and Outcome Measures of Education Sector from Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 454-458, December.
    • Handle: RePEc:ovi:oviste:v:xix:y:2019:i:2:p:454-458
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    More about this item

    Keywords

    educational system; financial measures; outcome measures; Romania;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • I20 - Health, Education, and Welfare - - Education - - - General
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education

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