Optimal policy for secondary education in developing countries
Yergali Dosmagambet
No 2015/01, PFH Forschungspapiere/Research Papers from PFH Private University of Applied Sciences, Göttingen
Abstract:
This paper shows that an accelerated increase in educational attainments in many East Asian countries derives from a dramatic augmentation of working population with vocational education relative to general education. This is consistent with the recent literature, which argues that the ratio of vocational-to-general education tends to be higher in middle-income countries. We explore an analytical approach to open up fresh insights into the composition of secondary education and prove the existence of optimal trajectory that ensures a positive expansion rate of secondary education at early stage of development. Also, we demonstrate that the actual path of vocational-to-general education in Taiwan is very similar to what can be defined by optimal policy for secondary education, which has resulted in a rapid increase in average years of schooling since 1978.
Keywords: Employment; Economic growth; Education; Human Capital (search for similar items in EconPapers)
JEL-codes: E24 I20 I25 J24 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-edu, nep-mac and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:pfhrps:201501
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