ECONOMIC FREEDOM AND EDUCATIONAL ATTAINMENT: EVIDENCE FROM NEW EU MEMBER STATES

被引:0
|
作者
Sart, Gamze [1 ]
Bayar, Yilmaz [2 ]
Sezgin, Funda Hatice [3 ]
机构
[1] Istanbul Univ Cerrahpasa, Hasan Ali Yucel Fac Educ, Dept Educ Sci, TR-34500 Istanbul, Turkey
[2] Bandirma Onyedi Eylul Univ, Fac Econ & Adm Sci, Dept Publ Finance, TR-10200 Bandirma Balikesir, Turkey
[3] Istanbul Univ Cerrahpasa, Dept Ind Engn, TR-34500 Istanbul, Turkey
关键词
economic freedom; educational attainment; new EU Member States; panel causality analysis;
D O I
10.3846/bm.2022.818
中图分类号
F [经济];
学科分类号
02 ;
摘要
Educational attainment is a critical factor for individuals and societies given its positive economic implications. Therefore, determinants of educational attainment are important for design and implementation of educational policies. In the article, the causal interaction between economic freedom and educational attainment is investigated in sample of the new European Union states over the 2000-2019 term by means of causality test. The consequences of panel level causality analysis reveal a bilateral causality between economic freedom and educational attainment in the sample. In other words, on the one hand econometric freedom has a significant influence on educational attainment, on the other hand educational attainment has a significant influence on economic freedom. Furthermore, country level causality analysis uncovered a bilateral causality between economic freedom and educational attainment in Lithuania, a unidirectional causality from economic freedom to educational attainment in Latvia, a unidirectional causality from educational attainment to economic growth in Bulgaria, Czechia, Hungary, and Slovenia.
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页码:103 / 107
页数:5
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