The Contribution of Education to the Economic Development Process of the States

Rodica Gherghina and Ioana Duca

Journal of Knowledge Management, Economics and Information Technology, 2013, vol. 3, issue 1, 11

Abstract: The study on the contribution of education to economic development process measured by GDP per capita reveals that one of the main factors of influence is the training level of the human factor. Through statistical methods and econometric models, we analyzed the influence of education spending on gross domestic product level. Likewise, the study highlights also the issue of correlation between education spending and employment levels. At the end of the scientific approach, the authors analyze the dependence of education – human development – GDP per capita.

JEL-codes: C0 C1 I2 I25 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spp:jkmeit:1353

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