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Higher Education – A Solution To Unemployment? Case Study: Romania

Author

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  • Andreea Mirica

    (The Bucharest University of Economics Studies)

Abstract

The purpose of this paper is to identify whether or not there is a long term relationship between unemployment and higher education demand in Romania. In order to achieve this purpose, I quantified the demand of higher education as the number of first year students to the number of highschool graduates. Next, I used the Engel-Granger methodology in order to examine the long term relationship. Also, a brief analysis on unemployment and the higher education area in the european context is provided. One of the main findings of the paper is that there is a long-term negative relationship between unemployment and higher education demand. Thus, encouraging the high-school graduates to pursue higher education may be a proper approach in reducing unemployment. The paper may be a valuable tool for policy makers in higher education.

Suggested Citation

  • Andreea Mirica, 2014. "Higher Education – A Solution To Unemployment? Case Study: Romania," Romanian Statistical Review, Romanian Statistical Review, vol. 62(3), pages 63-75, September.
    • Handle: RePEc:rsr:journl:v:62:y:2014:i:3:p:63-75
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    References listed on IDEAS

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    5. Ilias Livanos & Imanol Núñez, 2012. "The effect of higher education on the gender wage gap," International Journal of Education Economics and Development, Inderscience Enterprises Ltd, vol. 3(1), pages 33-47.
    6. Hwang, Wei-Yei & Liao, Shu-Yi & Huang, Mao-Lung, 2013. "Real option, human capital investment returns and higher educational policy," Economic Modelling, Elsevier, vol. 31(C), pages 447-452.
    7. Maselli, Ilaria, 2012. "The evolving supply and demand of skills in the labour market," CEPS Papers 7911, Centre for European Policy Studies.
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    Cited by:

    1. Andreea Ardelean, 2015. "Statistical insights from Romanian data on higher education," Romanian Statistical Review, Romanian Statistical Review, vol. 63(3), pages 3-13, September.
    2. Bairagya, Indrajit, 2015. "Socio economic determinants of educated unemployment in India," Working Papers 343, Institute for Social and Economic Change, Bangalore.
    3. Victoria Kakooza & Robert Wamala & James Wokadala & Thomas Bwire, 2019. "Do Graduates from Arts-Related Disciplines have a Higher Impact on Unemployment than Graduates from the Science-Related Disciplines?," International Journal of Higher Education, Sciedu Press, vol. 8(4), pages 1-52, August.
    4. Ahmed SALAMA, 2017. "How Literacy Affects Unemployment Among Different Age Groups In Palestine," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 15, pages 363-371, December.

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