Higher Education – A Solution To Unemployment? Case Study: Romania

Andreea Mirica (miricaandreea89@gmail.com)

Romanian Statistical Review, 2014, vol. 62, issue 3, 63-75

Abstract: The purpose of this paper is to identify whether or not there is a long term relationship between unemployment and higher education demand in Romania. In order to achieve this purpose, I quantified the demand of higher education as the number of first year students to the number of highschool graduates. Next, I used the Engel-Granger methodology in order to examine the long term relationship. Also, a brief analysis on unemployment and the higher education area in the european context is provided. One of the main findings of the paper is that there is a long-term negative relationship between unemployment and higher education demand. Thus, encouraging the high-school graduates to pursue higher education may be a proper approach in reducing unemployment. The paper may be a valuable tool for policy makers in higher education.

Keywords: demand; Engel-Granger; higher education; unemployment (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (4)

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