DOES TECHNOLOGICAL DEVELOPMENT EXPLAIN HIGHER EDUCATION EXPANSION?

Marina Telezhkina () and Andrey Maksimov ()
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Marina Telezhkina: National Research University Higher School of Economics
Andrey Maksimov: National Research University Higher School of Economics

HSE Working papers from 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

Keywords: educational economics; higher education expansion; demand for schooling; demand for higher education; technologies; economic development. (search for similar items in EconPapers)
JEL-codes: I21 I25 I26 O14 O15 O33 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2020
New Economics Papers: this item is included in nep-cis, nep-edu and nep-tra
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Published in WP BRP Series: Education / EDU, November 2020, pages 1-25

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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:59edu2020

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