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The Outcomes of the Romanian Educational System and Economic Indicators

Author

Listed:
  • Jivan Alexandru

    (West University of Timisoara, Romania)

  • Șipoş Ciprian Alexandru

    (West University of Timisoara, Romania)

  • Weisz Janeta

    (Christian University “Dimitrie Cantemir”)

Abstract

The paper highlights some important correlations between the outcomes of the Romanian educational system and certain key indicators concerning the Romanian economy. The indicators are selected on the basis of the logic correlations and considering the limits of available data. The time-lag models were used because the macroeconomic effects of the factorial indicators considered as determinants on dependent variables cannot be usually detected in the same year. The results allowed interesting discussions concerning the Romanian education system and its funding-related evolutions in the last decade.

Suggested Citation

  • Jivan Alexandru & Șipoş Ciprian Alexandru & Weisz Janeta, 2017. "The Outcomes of the Romanian Educational System and Economic Indicators," Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 62(2), pages 42-54, August.
    • Handle: RePEc:vrs:subboe:v:62:y:2017:i:2:p:42-54:n:3
    DOI: 10.1515/subboec-2017-0008
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    References listed on IDEAS

    as
    1. Janeta Simona WEISZ, & Alexandru JIVAN, 2014. "Study On Productivity Indicators In Education," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 4, pages 683-688, July.
    2. Faridah Djellal & Faïz Gallouj, 2008. "Measuring and Improving Productivity in Services," Books, Edward Elgar Publishing, number 12734.
    3. Faridah Djellal & Faïz Gallouj, 2008. "Measuring and Improving Productivity in Services: Issues, Strategies and Challenges," Post-Print hal-01111758, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    outcomes of education; material and human efforts for education; macroeconomic effects;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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