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A Comparative Study of Some Features of Higher Education in Romania, Bulgaria and Hungary

Tudorel Andrei (), Viorel Lefter (), Bogdan Oancea () and Stelian Stancu ()
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Viorel Lefter: The Bucharest Academy of Economic Studies
Stelian Stancu: The Bucharest Academy of Economic Studies

Journal for Economic Forecasting, 2010, issue 2, 280-294

Abstract: The transition from the centralized economy to the market economy has determined important changes in higher education in the countries of the former socialist bloc. In a relatively short period an impressive growth in the number of students has been recorded without taking into account the evolution of the number of pupils in high school and demographic phenomena, such as increased migration, reduced birth rate, and so on. In a medium and long time horizon the current increases in the number of students cannot be sustained. For the analysis of the data series we used a number of econometric techniques.

Keywords: regression models; cointegration; higher education statistics; education expenditures; ADF; unit roots (search for similar items in EconPapers)
JEL-codes: I21 C01 C51 (search for similar items in EconPapers)
Date: 2010
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Handle: RePEc:rjr:romjef:v::y:2010:i:2:p:280-294