Economic theory

Analysis of the EU states education external effects: lessons for Ukraine

Economic Annals-XXI

Economic Annals-XXI: Volume 132, Issue 7-8(2), Pages: 10-13

Citation information:
Tkachenko, N. (2013). Analysis of the EU states education external effects: lessons for Ukraine. Economic Annals-XXI, 7-8(2), 10-13. https://ea21journal.world/index.php/ea-v132-03/

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Natalia Tkachenko
Post-Graduate Student,
Taras Shevchenko National University of Kyiv
64/13 Volodymyrska St, Kyiv, 01601, Ukraine
nataly_tkachenko@yahoo.com

Analysis of the EU states education external effects: lessons for Ukraine

Abstract. The author reviews and verifies the hypothesis as regards the possibility of educational sphere externalities assessment for the society by three macroeconomic indicators: economic growth rates, unemployment level and the Gini coefficient. In the capacity of influential ones, the author considers four groups of education indices which characterize its scale, organization and educational technologies, financing, level of compliance with the society needs. On the basis of econometric calculations the author has come to the conclusion that for EU States the educational indices did not exert considerable influence upon the growth rates. Nevertheless, the unemployment level is appreciably depended from the number of educated people aged 25-64 and the budgetary education expenses share. The Gini coefficient was estimated by the number of educated young people, average expenses in educational institutions per one person and received education and occupation correspondence. According to the Ukrainian data, the relation between the economic growth rates and unemployment level on the one hand and budgetary education expenses and the number of educated people on the other hand appeared inessential. The last thing testifies indirectly to the expenses inefficiency and the Ukrainian education organization defects.

Keywords: Education Externalities; Education Externalities Indicators; Educational Sphere Indices (Characteristics); Educational Externalities Assessment; Macroeconomic Indices

JEL Classification: D62; I20; I21; O15; O57

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Received 24.04.2013

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