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Does Increasing University Enrollment Promote Economic Growth?

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  • Gary LAI

    (The University of Hong Kong, Hong Kong)

Abstract

There is no doubt that the demand for higher education is rising. This paper seeks to find out if a higher tertiary school enrollment lead to higher economic growth. The data that is collected and analyzed showed a very significant and positive relationship between the two in middle-income countries. This result can be applied to upper middle-income countries like China, Ecuador, and Russia as well as poorer, lower middle-income countries like Bangladesh, Bolivia, and India – all of which face unique development challenges related to higher education. Enrolling students in universities and vocational schools seems to lead to economic growth.

Suggested Citation

  • Gary LAI, 2018. "Does Increasing University Enrollment Promote Economic Growth?," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 18(1(27)), pages 78-91, June.
    • Handle: RePEc:scm:usvaep:v:18:y:2018:i:1(27):p:78-91
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