The Relatıonshıp Of Sustaınable Educatıon Polıcıes Wıth Economıc Growth: The Case Of Sıngapore

Year 2021, Volume: 3 Issue: 1, 55 - 72, 30.04.2020

Rabia Ersoy

https://doi.org/10.38009/ekimad.839210

Abstract

This study examines the effect of Singapore’s successful education policies on economic growth. The effect of primary, secondary, and higher-education registry rates in Singapore on economic growth was analyzed using yearly data from 1970 to 2017. The relationship between education policies and economic growth was examined using the Granger causality test and VAR analysis. Contrary to endogenous growth theories, the results obtained from the VAR Granger causality/block exogeneity Wald tests indicate that schooling rates in Singapore do not affect economic growth. The action-reaction analysis results similarly indicate that the economic growth variable does not react to any deviation in gross registry rates.

Keywords

Education Policies, Economic Growth, Sustainability, Singapore

Sürdürülebilir Eğitim Politikaları ve Ekonomik Büyüme İlişkisi: Singapur Örneği

Abstract

Bu çalışma, Singapur’un başarılı eğitim politikalarının ekonomik büyüme üzerindeki etkisini incelemektedir. 1970-2017 dönemini kapsayan yıllık veri seti üzerinden Singapur’daki ilk, orta ve yükseköğretim kayıt oranlarının ekonomik büyüme üzerindeki etkisi analiz edilmiştir. Eğitim politikaları ve ekonomik büyüme ilişkisi, Granger nedensellik testi ve VAR analizi yoluyla incelenmiştir. VAR Granger nedensellik/blok dışsallık Wald testlerinden elde edilen sonuçlar, içsel büyüme teorilerinin aksine, Singapur’un okullaşma oranlarının ekonomik büyüme üzerinde etkili olmadığına işaret etmektedir. Etki-tepki analiz sonuçları da benzer şekilde, brüt kayıt oranlarında meydana gelecek bir sapmaya ekonomik büyüme değişkeninin tepki vermediğini göstermektedir.

Keywords

Eğitim Politikaları, Ekonomik Büyüme, Sürdürülebilirlik

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