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Study on Financial and Outcome Measures of Education Sector from Romania

Adrian Cosman (), Monica Logofătu () and Elena Cristina Cernătescu ()
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Adrian Cosman: University of Craiova
Monica Logofătu: University of Craiova
Elena Cristina Cernătescu: University of Craiova

Ovidius University Annals, Economic Sciences Series, 2019, vol. XIX, issue 2, 454-458

Abstract: In Romania as a consequence of a policy that did not establish education as a priority area, the rates of financial allocations for education related to budget revenues and GDP decreased, which had an bad effect on the outcomes in education sector bringing a change in some measures calculated on the basis of graduates’ number, school population, the number of students who passed the baccalaureate exam, graduates' employment rate, enrollment in education, and the leaving rate. This paper aims to investigate the evolutions of educational expenses and outcome measures that describes the education sector in Romania and the principal influences that are established between these measures.

Keywords: educational system; financial measures; outcome measures; Romania (search for similar items in EconPapers)
JEL-codes: O15 I20 H52 (search for similar items in EconPapers)
Date: 2019
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Handle: RePEc:ovi:oviste:v:xix:y:2019:i:2:p:454-458