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Does Technological Development Explain Higher Education Expansion?

Author

Listed:
  • Marina S. Telezhkina

    (National Research University Higher School of Economics)

  • Andrey G. Maksimov

    (National Research University Higher School of Economics)

Abstract

Globalisation and the development of technology called forth an expansion and a fundamental transformation of systems of higher education around the world. This research proposes a theoretical model that demonstrates that the growth in higher education enrolment is in response to technological shocks in which either high-skill-biased technologies, technologies replacing middle-skill workers or technologies raising the productivity of high-skill workers, which increases the wage premium of high-skill workers. The authors illustrate the workings of the model using Russian data for 2000–2018, discuss changes in the structure of the labour force, relative wages and enrolment in higher education during the last twenty years

Suggested Citation

  • Marina S. Telezhkina & Andrey G. Maksimov, 2020. "Does Technological Development Explain Higher Education Expansion?," HSE Working papers WP BRP 59/EDU/2020, National Research University Higher School of Economics.
    • Handle: RePEc:hig:wpaper:59edu2020
    as

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    File URL: https://wp.hse.ru/data/2020/11/10/1364828382/59EDU2020.pdf
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    References listed on IDEAS

    as
    1. Andrey Maksimov & Marina Telezhkina, 2019. "Econometric analysis of phenomenon of higher education expansion," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 55, pages 91-112.
    2. Dingel, Jonathan I. & Neiman, Brent, 2020. "How many jobs can be done at home?," Journal of Public Economics, Elsevier, vol. 189(C).
    3. Yeo, Yeongjun & Lee, Jeong-Dong, 2020. "Revitalizing the race between technology and education: Investigating the growth strategy for the knowledge-based economy based on a CGE analysis," Technology in Society, Elsevier, vol. 62(C).
    4. Claudia Goldin & Lawrence F. Katz, 1998. "The Origins of Technology-Skill Complementarity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(3), pages 693-732.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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