文章基本信息

标题：Can Increasing Educational Budget Reduce Unemployment Rate?
本地全文：下载
作者：Ko-Ming Ni ; Ko-Ming Ni
期刊名称：American Journal of Economics
印刷版ISSN：2166-4951
电子版ISSN：2166-496X
出版年度：2016
卷号：6
期号：1
页码：15-21
DOI：10.5923/j.economics.20160601.02
语种：English
出版社：Scientific & Academic Publishing Co.
摘要：Intuition may tell you that increasing educational budget will reduce unemployment rate, hence, Taiwan’s Ministry of Education (MOE) provides subsidies and set an evaluation index to vocational schools, colleges, and universities based on the employment rate of their graduates. However, from objective data analyses, the author finds that there is positive correlation between educational budget and unemployment rate. The more the educational budget, the higher the unemployment rate will be. This phenomenon does not change when lagged-effect is considered. It means educational budget this year may have a correlation with unemployment rate for following one, two, three, four, or more years to come. From the study, the author also finds the positive correlation coefficient between the educational budget per student and unemployment rate. This phenomenon continues to exist by taking into consideration the lagged-effect. Although the unemployment rate counts the people aged 15 and above in Taiwan [2], and it may not be consistent with the educational budget per student, which takes students of all ages into account, the positive correlation still exists. Whether reducing educational budget has an effect on the unemployment rate is beyond the discussion in this paper due to the lack of objective data.
关键词：Lagged-Effect; Educational Budget; Unemployment Rate