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Full-Text Articles in Education
The Long-Term Impact Of Educational And Health Spending On Unemployment Rates, Zafer Pirim, William A. Owings, Leslie S. Kaplan
The Long-Term Impact Of Educational And Health Spending On Unemployment Rates, Zafer Pirim, William A. Owings, Leslie S. Kaplan
Educational Foundations & Leadership Faculty Publications
This study used panel data regression analysis to evaluate the long-term effects of several measures of U.S. education expenditure on unemployment rates in 50 states and Washington D.C. over 25 years. The data included state-level statistics for fiscal effort, graduation rates, education spending per pupil, gross state product per capita, welfare spending, health spending, political party affiliation, union versus nonunion states, and unemployment rates. Results find that the best way to effectively reduce unemployment is investment in improving the quality of human capital through funding education. Findings specifically conclude that over the long term, investment in human capital through education …
Education And Economy: The Impact Of Investment In Human Capital Through Education On Unemployment, Zafer Pirim
Education And Economy: The Impact Of Investment In Human Capital Through Education On Unemployment, Zafer Pirim
Educational Foundations & Leadership Theses & Dissertations
The impact of investment in human capital on economy has always been discussed in the literature. Existing studies in the literature generally focus on short term impacts of investment in human capital. While some studies see significant impact, some other ones see little or no impact. This study manipulated data that was cover a long span of time, a 25-year period. In this study the researcher inquired whether there is a significant correlation between education and economy in terms of the impacts of investment in human capital on unemployment over a long span of time. In this empirical study panel …