Empirical Evaluation of the Education Expenditure Impact on Economic Growth
Journal: Virtual Economics
Year: 2020

This study expounds empirical evaluation of (a) the interrelation between higher education expenditure and the share of highly qualified employed population of Ukraine, (b) the dependence of the population qualification level on the higher education expenditure in foreign countries and (c) the dependence of these countries’ GDP on the qualification of people. It has been hypothesized that an increase in funding for higher education contributes to the growth of the share of highly qualified popul