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Economic and Social Effects of Higher Education in the European Union

Author

Listed:
  • Nikolay Velichkov

    (University of National and World Economy, Sofia, Bulgaria)

  • Kristina Stefanova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

This paper is a comparative study of the economic and social effects of higher education and their relevant determining factors in the European Union countries. The study results show that, as is the case with many other areas, Member States differ in terms of the impact of higher education. In less developed countries (mainly CEE countries), as well as countries with a share of the population with higher education lower than the EU average, the positive effects of higher education are more pronounced.

Suggested Citation

  • Nikolay Velichkov & Kristina Stefanova, 2018. "Economic and Social Effects of Higher Education in the European Union," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 517-526, December.
    • Handle: RePEc:nwe:eajour:y:2018:i:4:p:517-526
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    File URL: https://www.unwe.bg/uploads/Alternatives/5_EA_4_2018_en.pdf
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    Citations

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    Cited by:

    1. Rosen Kirilov, 2020. "Technological Opportunities for the Digitization of the Career Development Processes," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 184-195, March.

    More about this item

    Keywords

    I21; I23; I26; O52;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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