Does the Education, Health and Employment Determine the Economic Growth: A Case Study

Rungsrisawat, Somdech; Pamornmast, Chayongkan

doi:10.9770/jssi.2019.9.2(26)

Cited by 3 publications

(1 citation statement)

References 34 publications

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“…The most direct instrument of the state policy in the education sector is financing, the influence of which on the economic growth became the object for analysis in many scientific works (Pitoňákovа, 2019, Rungsrisawat et al, 2019, Guziejewska & Majdzińska, 2018, Kouassi, 2018, Golovchanskaya et al, 2018. The group of scientists, headed by Churchill S.A. (2017) investigated 29 studies about the relationship between government expenditure on education and economic growth.…”

Section: Literature Reviewmentioning

confidence: 99%

The influence of state regulation of education for achieving the sustainable development goals: case study of Central and Eastern European countries

Воронцова¹,

Vasylieva²,

Bilan³

et al. 2020

RAMP

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Nowadays, we are becoming more and more convinced that the educational sphere cannot be underestimated and we do not pay enough attention to its development. After all, it is responsible for the formation of a well-developed and indifferent personality both in social and environmental problems, as well as qualified workers in accordance with the modern requirements of the world. In this context, optimal government regulation of education will contribute not only to economic growth and the acquisition of intellectual capital of the country, which will ensure its competitiveness and innovations, but also to balanced sustainable development, which is important on a planetary scale. This article is devoted to the analysis of the interrelation between indicators of state regulation of the education sector and the achievement of sustainable development goals. For this purpose, the method of integral indicators with elements of the method of principal components (for each sustainable development goal) was used, as well as regression models with fixed effects (to determine the presence and nature of the link between state regulation of the education and the goals of sustainable development). The basis for the study was the official data of 14 countries of Central and Eastern Europe for 2006-2016 years, which is presented as panel data. The obtained results made it possible to confirm the existence of such interrelation, where the most effective state instrument proved to be the state financing of the education sector.

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Section: Literature Reviewmentioning

confidence: 99%

The influence of state regulation of education for achieving the sustainable development goals: case study of Central and Eastern European countries

Воронцова¹,

Vasylieva²,

Bilan³

et al. 2020

RAMP

View full text Add to dashboard Cite

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The impact of state regulation in a sphere of education on sustainable development of national economy

Воронцова

Shvindina

Mayboroda

et al. 2020

Problems and Perspectives in Management

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Education is a core element of the Sustainable Development Concept. It is not only because of the declaration of SDG 4 within the 2030 Agenda but also its embeddedness in other goals, targets, and indicators. Thus, the study aims to generalize approaches to define the relationship between the efficiency of the strategy of sustainable development of the national economy and state regulation of education. The research is accomplished for 14 Central and Eastern European countries (2006–2016) using the combination of principal components method and parametric method of stochastic frontier analysis in the software package STATA 11 and FRONTIER 4.1. As a result, the empirical proofs of the strong and adequate link between the efficiency of the sustainable development strategy of the national economy and state regulation of education are identified. The technical efficiency indexes were also calculated that allowed forming three clusters for Central and Eastern European countries distributed by the level of state regulation of education and efficiency of sustainable development strategy implementation. It helps to distinguish the main measures to reform the state regulation of education in Ukraine considering the experience of Slovenia, Poland, the Czech Republic, countries that proved to be the leaders in a sphere of sustainable development strategy implementation. The recommendations for further improvements in educational policies were defined. For instance, effective and sustainable state regulation of education should focus on decentralizing education, developing private-public partnerships, stimulating adult education development, etc. Acknowledgment and fundingThis research was funded by the grant from the Ministry of Education and Science of Ukraine “Reforming the lifelong learning system in Ukraine for the prevention of the labor emigration: a coopetition model of institutional partnership” (No. 0120U102001).

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Human Capital Venture and Financial Development in Thailand: The Part of Instruction and Wellbeing

Krimjai,

Sopapimuk,

Reamee

et al. 2024

International Journal of Innovative Science and Research Techno

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Human capital investment and economic growth in Thailand: the role of education and health. This research aims to study the direction and trend of growth in Thailand: the role of education and health. And to study guidelines for preparing personnel in the human resources department for growth in Thailand: the role of education and health. Investing in human capital In this research, related theories and literature were studied including: Rogoza et al. (2018), Jayawickreme et al. (2020) , Moghadam et al. (2020) , Obschonka et al. (2020). The research methodology is study of investing in human capital and the economy Growth in Thailand: The Role of Education and Health This research has been carried out since studying basic information on the direction and trend of growth in Thailand: The Role of Education and Health and studying guidelines for preparing personnel in the human resources department. Growing up in Thailand: The role of education and health in 2017-2023 By collecting data, this research uses secondary data related to education, health, economic growth and other factors. that are panel data from the World Bank, including world development indicators (World Development Indicators: WDI), education statistics and demographics, nutrition, and health statistics during 2017-2023, subject to data limitations. The comes about of the ponder found that the chunk of ice demonstrate for quality takes the assistance of an ice sheet which has fair a portion of its volume over water and the rest remains beneath the surface within the ocean to clarify the concept of person quality. The structure is appeared in Figure 1. Essentially, a quality has a few components unmistakable like essential information and fundamental abilities, which are simple to get it and degree and moderately simple to alter and create through preparing. Be that as it may, other components underneath the surface counting social parts, self-image, characteristics, and inspiration are inalienable and troublesome to degree. Information and abilities over water surface can be characterized as the benchmark quality. Rogoza et al. (2018) distinguished components of quality covered up profoundly as the separating quality, such as the inside drive, social inspiration, identity quality, self-image, demeanor, self-esteem, narcissism, and self-worth. Related to information and aptitudes, separating qualities are not simple to be watched and measured and troublesome to alter and assess.

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Does the Education, Health and Employment Determine the Economic Growth: A Case Study

Cited by 3 publications

References 34 publications

The influence of state regulation of education for achieving the sustainable development goals: case study of Central and Eastern European countries

The influence of state regulation of education for achieving the sustainable development goals: case study of Central and Eastern European countries

The impact of state regulation in a sphere of education on sustainable development of national economy

Human Capital Venture and Financial Development in Thailand: The Part of Instruction and Wellbeing

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