Vocational Education: An International Perspective

Carruthers, Celeste K.; Jepsen, Christopher

doi:10.2139/ssrn.3740330

Cited by 7 publications

(6 citation statements)

References 100 publications

(149 reference statements)

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“…The increases in the SVET t−1 (

) and HVET t−1 (

) coefficients indicate that both SVET t−1 and HVET t−1 have a significant long-term positive effect on the growth of the specified main model. These findings are very consistent with the new growth theories that the impact of secondary and higher vocational education and training in China on growth is gradual and significant (Shi and Xia, 2016 ; Su, 2017 ; Zhibin and Weiping, 2017 ; Carruthers and Jepsen, 2020 ). The results of the analysis clearly show that for every 1% expansion of SVET t−1 , economic growth increases significantly by 0.309%.…”

Section: Resultssupporting

confidence: 87%

“…A study by Carruthers and Jepsen ( 2020 ) identified three themes in the rapidly expanding literature on the social and economic outcomes of VET, first vocational education will develop a flatter worker-age employment profile than academic educators, secondly those with secondary vocational education may have earlier careers and better achievements, third vocational post-secondary education is proportional to improvements in labor market outcomes compared with no or incomplete post-secondary education. Wiemann and Fuchs ( 2018 ) enlighten that vocational education is considered one of Germany's growth-stimulating export initiatives.…”

Section: Literature Reviewmentioning

confidence: 99%

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RETRACTED: A Dynamic Analysis of the Asymmetric Effects of the Vocational Education and Training on Economic Growth, Evidence From China

et al. 2022

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Since 2010, China's economic growth has stagnated due to an unbalanced regional industrial structure and lack of sufficient qualified technical personnel. A nonlinear autoregressive distributed lag (NARDL) model has been used in this study to examine the asymmetric effects of secondary vocational education and training (SVET) and higher vocational education and training (HVET) and their interaction with high-tech industries on economic growth over the period 1980–2020. The findings show that an increase in secondary vocational education and training (SVET) significantly boosts long-term economic growth, while a decrease in secondary vocational education and training (SVET) insignificantly reduces long-term China economic growth. Likewise, the upward change in higher vocational education and training (HVET) promotes and the downward fluctuation in higher vocational education and training (HVET) significantly reduces China's long-term economic growth. The moderating role of secondary vocational education in the impact of high-tech industries on China's economic growth is positive, but not significant. However, higher vocational education plays a significant positive moderating role in high technology industries impact on economic growth. Strategically, the study analysis suggests that economic transition prosperity can be achieved by encouraging higher vocational education and the equal development of high-tech industries in all regions. In addition, this study also proposes to cultivate high-quality talents related to high-tech development and modern industrial innovation and upgrading through higher vocational education, improve productivity, and promote the country's intensive development.

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“…The increases in the SVET t−1 (

) and HVET t−1 (

Section: Resultssupporting

confidence: 87%

Section: Literature Reviewmentioning

confidence: 99%

RETRACTED: A Dynamic Analysis of the Asymmetric Effects of the Vocational Education and Training on Economic Growth, Evidence From China

et al. 2022

View full text Add to dashboard Cite

show abstract

“…Analyses of differences in labour market risk for vocational and general education so far have been confined to probabilities of (un-)employment. The dominant view is that vocational graduates have early advantage and late disadvantages in employment, under recognition of much heterogeneity associated with the specific institutional structure of schooling and training (Hanushek et al (2017); Hampf and Woessmann (2017); Eichhorst et al (2015); Carruthers and Jepsen (2020)). Our samples show the same pattern: among the young, the employment rate is higher and unemployment is lower for vocational, among the mature, employment is lower and unemployment is higher.…”

Section: Comparing To the Literaturementioning

confidence: 99%

Risk and Heterogeneity in Benefits from Vocational Versus General Secondary Education: Estimates for Early and Mature Career Stages in Portugal

2023

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“…The worst rates at the tertiary level are due to the lack of sufficient tertiary educational institutions in rural areas and security concerns for female students (Chung & Mason, 2012;Fomba et al, 2023;Kono et al, 2018). Carruthers and Jepsen (2020) suggested that post-secondary vocational education is associated with labor market improvement. Hence, this study aims to suggest a sustainable financing solution to resolve the education sector issues that hamper the growth and development of human societies, especially in low-income countries, like Pakistan.…”

Section: Literature Reviewmentioning

confidence: 99%

Sustainable Solution to Finance Education in Developing World: Education Development Bank

2023

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This study aims to identify a sustainable financing solution for developing the education sector in low-income countries. The United Nations underlines education as a means to achieve sustainable development in its fourth Sustainable Development Goal. Quality education can be crucial in bringing about global peace and prosperity by improving human capital and producing future leaders capable of efficient problem-solving and social transformation. However, imparting quality education is difficult when adequate resources and revenue are lacking. In this respect, the education sectors of most developing countries are resource-constrained, and thus, cannot achieve the fourth sustainable development goal by 2030. To address these confronting challenges, our study proposes the formation of an “Education Development Bank”, particularly in developing countries. It asserts that an independent corporation may provide sustainable financing solutions to bolster the education sector and related organizations. It analyses the data of various developing countries from 1975 to 2021. This proposal has implications for policy formulation for governments that value global peace and for United Nations guidelines.

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Vocational Education: An International Perspective

Cited by 7 publications

References 100 publications

RETRACTED: A Dynamic Analysis of the Asymmetric Effects of the Vocational Education and Training on Economic Growth, Evidence From China

RETRACTED: A Dynamic Analysis of the Asymmetric Effects of the Vocational Education and Training on Economic Growth, Evidence From China

Risk and Heterogeneity in Benefits from Vocational Versus General Secondary Education: Estimates for Early and Mature Career Stages in Portugal

Sustainable Solution to Finance Education in Developing World: Education Development Bank

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