IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/45505.html
   My bibliography  Save this paper

Time Spent for Education – A Key Resource in the Social and Economic Development

Author

Listed:
  • Istrate, Georgeta-Marinela
  • Caragea, Nicoleta

Abstract

Education - in every sense - is one of the fundamental factors of development. It provides a foundation for the economic and social wellbeing. Time spent in education is the key to increasing economic efficiency and social consistency. Of all the resources, time is the most valued and it can be used most effectively. No country can achieve sustainable economic development without substantial investment in human capital. Education improves the quality of people’s lives and leads to broad social benefits to individuals and society. According to Gary S. Becker theory of time allocation, in this paper it is investigated some of the aspects concerning the relation between social and economical increasing and investments in human capital trough the role of time spent by Romanian people in education, training and other educational activities. Data used in this paper are generally provided by the time use survey.

Suggested Citation

  • Istrate, Georgeta-Marinela & Caragea, Nicoleta, 2011. "Time Spent for Education – A Key Resource in the Social and Economic Development," MPRA Paper 45505, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:45505
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/45505/1/MPRA_paper_45505.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Istrate, Georgeta-Marinela & Caragea, Nicoleta, 2008. "Time-Constraint and Socio-Demographic Characteristics of population in Romania," MPRA Paper 45504, University Library of Munich, Germany.
    2. Gary S. Becker, 1975. "Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education, Second Edition," NBER Books, National Bureau of Economic Research, Inc, number beck75-1.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nicoleta CARAGEA-HREHORCIUC & Madalina TOCAN, 2011. "European typologies of time use – the social model approach," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 1(6), pages 1-11, October.
    2. Nicoleta Caragea-Hrehorciuc, 2008. "The work in Romania : an analysis of the macroeconomic perspective," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 42(5-6), pages 117-126.
    3. Istrate, Georgeta-Marinela & Caragea, Nicoleta, 2008. "Time Use and Work Arrangements in Romania," MPRA Paper 45506, University Library of Munich, Germany.
    4. Istrate, Georgeta-Marinela & Caragea, Nicoleta, 2010. "Working Time During the Economic Crisis and the Impact on Romanian Working Life," MPRA Paper 45503, University Library of Munich, Germany.
    5. Istrate, Georgeta-Marinela & Caragea, Nicoleta, 2009. "The Significance of the Individuals’ Time for Economic and Social Development," MPRA Paper 45498, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Istrate, Georgeta-Marinela & Caragea, Nicoleta, 2008. "Time Use and Work Arrangements in Romania," MPRA Paper 45506, University Library of Munich, Germany.
    2. Asch, Beth J & Warner, John T, 2001. "A Theory of Compensation and Personnel Policy in Hierarchical Organizations with Application to the United States Military," Journal of Labor Economics, University of Chicago Press, vol. 19(3), pages 523-562, July.
    3. Stuth, Stefan & Schorlemmer, Julia & Hennig, Marina & Allmendinger, Jutta, 2014. "Freiwilliges Engagement: Ein Patentrezept für Wiedereinsteigerinnen?," Discussion Papers, Presidential Department P 2014-007, WZB Berlin Social Science Center.
    4. Conlon, Gavan, 2001. "The incidence and outcomes associated with the late attainment of qualifications in the United Kingdom," LSE Research Online Documents on Economics 19540, London School of Economics and Political Science, LSE Library.
    5. Oswald, Yvonne & Backes-Gellner, Uschi, 2014. "Learning for a bonus: How financial incentives interact with preferences," Journal of Public Economics, Elsevier, vol. 118(C), pages 52-61.
    6. Altorjai, Szilvia, 2013. "Over-qualification of immigrants in the UK," ISER Working Paper Series 2013-11, Institute for Social and Economic Research.
    7. Geoff Mason & Hiroatsu Nohara, 2010. "How well-rewarded is inter-firm mobility in the labour market for scientists and engineers? New evidence from the UK and France," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 19(5), pages 459-480.
    8. Patrik Hultberg & David Santandreu Calonge & Seong-Hee Kim, 2017. "Education policy in South Korea: A contemporary model of human capital accumulation?," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1389804-138, January.
    9. Bickenbach, Frank & Dohse, Dirk & Liu, Wan-Hsin, 2014. "An inquiry into the determinants of graduate entrepreneurship in Hong Kong and Guangzhou (Mainland China)," Kiel Working Papers 1940, Kiel Institute for the World Economy (IfW Kiel).
    10. Alberto Bayo-Moriones & Jose E. Galdon-Sanchez & Maia Güell, 2010. "Is seniority-based pay used as a motivational device? Evidence from plant-level data," Research in Labor Economics, in: Jobs, Training, and Worker Well-being, pages 155-187, Emerald Group Publishing Limited.
    11. Ehlers, Tim, 2011. "University graduation dependent on family's wealth, ability and social status," University of Göttingen Working Papers in Economics 120, University of Goettingen, Department of Economics.
    12. Luis Eduardo Arango & Diana Carolina Escobar & Emma Mercedes Monsalve, 2013. "Subempleo por ingresos y funcionamiento del mercado de trabajo en Colombia," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, December.
    13. Dhaval Dave & Hope Corman & Nancy Reichman, 2012. "Effects of Welfare Reform on Education Acquisition of Adult Women," Journal of Labor Research, Springer, vol. 33(2), pages 251-282, June.
    14. Eve Caroli & Natalie Glance & Bernardo Huberman, 1995. "Formation en entreprise et débauchage de main d'oeuvre aux Etats-Unis : un modèle dynamique d'action collective," Revue Économique, Programme National Persée, vol. 46(3), pages 807-816.
    15. Ma³gorzata Wosiek, 2017. "Human and social capital facing challenges of economic convergence processes in Poland," Managerial Economics, AGH University of Science and Technology, Faculty of Management, vol. 18(2), pages 247-264.
    16. Dario Blanco-Fernandez & Stephan Leitner & Alexandra Rausch, 2022. "Interactions between the individual and the group level in organizations: The case of learning and autonomous group adaptation," Papers 2203.09162, arXiv.org.
    17. Sidney Verba & Kay L. Schlozman & Henry E. Brady, 2000. "Rational Action and Political Activity," Journal of Theoretical Politics, , vol. 12(3), pages 243-268, July.
    18. N. David Pifer & Christopher M. McLeod & William J. Travis & Colten R. Castleberry, 2020. "Who Should Sign a Professional Baseball Contract? Quantifying the Financial Opportunity Costs of Major League Draftees," Journal of Sports Economics, , vol. 21(7), pages 746-780, October.
    19. Aizenman, Joshua & Noy, Ilan, 2006. "Prizes for Basic Research – Human Capital, Economic Might and the Shadow of History," Santa Cruz Department of Economics, Working Paper Series qt31b6j0wh, Department of Economics, UC Santa Cruz.
    20. Christine Mayrhuber, 2000. "Umstellung des Abfertigungsrechtes: Impuls oder Hemmnis auf dem österreichischen Arbeitsmarkt?," WIFO Monatsberichte (monthly reports), WIFO, vol. 73(12), pages 737-746, December.

    More about this item

    Keywords

    time use; LFS; work arrangements; working time; hours;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:45505. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.