Higher Education and Unemployment: A Cointegration and Causality Analysis of the Case of Turkey

Autor/inn/en	Erdem, Ekrem; Tugcu, Can Tansel
Titel	Higher Education and Unemployment: A Cointegration and Causality Analysis of the Case of Turkey
Quelle	In: European Journal of Education, 47 (2012) 2, S.299-309 (11 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0141-8211
DOI	10.1111/j.1465-3435.2012.01526.x
Schlagwörter	Evidence; Unemployment; Higher Education; Graduates; Foreign Countries; Error Correction; Attribution Theory; Correlation; Turkey + Suchen Sie Ihr Suchwort? Evidenz; Arbeitslosigkeit; Hochschulbildung; Hochschulsystem; Hochschulwesen; Graduate; Absolvent; Absolventin; Hochschulabsolvent; Hochschulabsolventin; Ausland; Korrektur; Korrelation; Türkei
Abstract	This article analyses the short and the long-term relations between higher education and unemployment in Turkey for the period 1960-2007. It chooses the recently developed ARDL cointegration and Granger causality of Dolado and Lutkepohl (1996) methods. While the proxy of unemployment is total unemployment rate, higher education graduates were chosen to represent higher education. The cointegration and error correction analysis show that higher education is one of the factors which increases the unemployment rate both in the short and the long-run in Turkey. In addition, findings of causality analysis reveal that there is a bi-directional causality between higher education and unemployment and support evidence in favour of Plumper and Schneider (2007)'s theory. Overall, the study concludes that, if governments wish to benefit optimally from the higher education graduates in Turkey, they should not invest more in higher education than the economy needs. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10