Macro-Level Determinants of Relative Participation in Undergraduate Higher Education in Slovenia

Žiga Čepar and Štefan Bojnec ()

Eastern European Economics, 2013, vol. 51, issue 6, 75-92

Abstract: This paper investigates the determinants of the relative participation in undergraduate higher education in Slovenia. The determinants of participation in higher education can be investigated at the micro or macro level. Using regression analysis we focus on the macro-level determinants of the increasing relative rate at which the relevant population of youth participates in undergraduate higher education in Slovenia from 1980-81 to 2006-7. Since 1980 the relative participation in higher education has increased more than twice the initial level. We investigate possible reasons for that dramatic increase in association with the overall economic conditions, the financial conditions of individuals, the expected benefits from undergraduate higher education, the proportion of the relevant population who fulfilled the enrollment requirements, the changing personal and social values related to higher education, and the supply side variables of higher education. In a regression analysis we include trend and autoregression effects. Finally, we make a simple simulation estimate of the expected development of the relative participation in undergraduate higher education in Slovenia in the near future.

Date: 2013
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