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Investment in higher education and s...
~
Fatima, Nasrin.
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Investment in higher education and state workforce productivity.
Record Type:
Electronic resources : Monograph/item
Title/Author:
Investment in higher education and state workforce productivity./
Author:
Fatima, Nasrin.
Description:
312 p.
Notes:
Source: Dissertation Abstracts International, Volume: 63-04, Section: A, page: 1272.
Contained By:
Dissertation Abstracts International63-04A.
Subject:
Education, Higher. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3051356
ISBN:
0493655689
Investment in higher education and state workforce productivity.
Fatima, Nasrin.
Investment in higher education and state workforce productivity.
- 312 p.
Source: Dissertation Abstracts International, Volume: 63-04, Section: A, page: 1272.
Thesis (Ph.D.)--University of New Orleans, 2002.
Benefits due to the investment in higher education have two components: private benefits and public or external benefits. Although there is little disagreement over the magnitude and extent of the private benefits associated with higher education, the magnitude and extent of public benefits associated with higher education remains a source of contention. If it can be demonstrated that investment in higher education generates public benefits, higher government spending in higher education can be justified. The purpose of this study was to estimate the effect of investment in higher education on subsequent growth in state workforce productivity.
ISBN: 0493655689Subjects--Topical Terms:
543175
Education, Higher.
Investment in higher education and state workforce productivity.
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Investment in higher education and state workforce productivity.
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312 p.
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Source: Dissertation Abstracts International, Volume: 63-04, Section: A, page: 1272.
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Major Professor: Michael B. Paulsen.
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Thesis (Ph.D.)--University of New Orleans, 2002.
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Benefits due to the investment in higher education have two components: private benefits and public or external benefits. Although there is little disagreement over the magnitude and extent of the private benefits associated with higher education, the magnitude and extent of public benefits associated with higher education remains a source of contention. If it can be demonstrated that investment in higher education generates public benefits, higher government spending in higher education can be justified. The purpose of this study was to estimate the effect of investment in higher education on subsequent growth in state workforce productivity.
520
$a
The independent variables of this study were: investment in human capital (i.e. higher education), initial productivity, and economic activity of different industrial sectors. Investment in higher education was divided into six categories: associate degree (academic) education, associate degree (occupational) education, bachelor's degree education, master's degree education, professional degree education, and doctoral degree education. The dependent variable of this study was the subsequent growth in state workforce productivity for the period of 1990–1999. Aggregate data from several federal sources were used. Using the above-mentioned independent and dependent variables, a growth model was developed to estimate the effects of independent variables on the dependent variable.
520
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Findings have indicated that cumulative investment in bachelor's degree education, master's degree education, professional degree education, and doctoral degree education significantly affects the subsequent growth of state workforce productivity. However, investments in associate degree education (both academic and occupational) were not found to have significant effects on the subsequent growth in state workforce productivity. These findings suggest that there is an underinvestment in higher education, especially at the baccalaureate and more advanced levels.
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Another important finding relates to the level of initial productivity. The growth model developed in this study indicates that the initial level of workforce productivity has a negative effect on the subsequent growth of state workforce productivity. This finding supports the convergence hypothesis that poor economies tend to grow faster than rich economies and vice versa. Economic activity of different industrial sectors was also found to have a significant effect on the subsequent growth in state workforce productivity.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3051356
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