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Higher education, employment and economic growth: exploring the interactions

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dc.date.accessioned 2020-02-19T15:32:31Z
dc.date.available 2020-02-19T15:32:31Z
dc.date.issued 2016-08-04 en
dc.identifier.uri http://hdl.handle.net/20.500.11910/9902
dc.description.abstract This article interrogates the impact and nature of South Africa's post-apartheid economic growth performance through the lens of human capital investment with a particular emphasis on higher education. The South African economy has been characterised by a skills-biased trajectory, ensuring jobs for the better educated. By differentiating between tertiary and vocational training, we find that further education and training (FET) graduates are almost as likely to be employed as school leavers without higher education. We analyse the extent to which the educational attainments of labour affect the nature and trajectory of economic growth in South Africa, by estimating Olley and Pakes' two-stage regression on a modified Cobb-Douglas production function. The results indicate that the degree cohort contributes to economic growth whilst other higher education institutions, including FET colleges, do not productively contribute to economic growth. en
dc.format.medium Print en
dc.subject ECONOMIC GROWTH en
dc.subject HIGHER EDUCATION en
dc.title Higher education, employment and economic growth: exploring the interactions en
dc.type Journal articles - non-HSRC staff en
dc.description.version Y en
dc.ProjectNumber N/A en
dc.Volume 33(3) en
dc.BudgetYear 2016/17 en
dc.ResearchGroup Education and Skills Development en
dc.SourceTitle Development Southern Africa en
dc.ArchiveNumber 9278 en
dc.PageNumber 312-327 en
dc.outputnumber 8106 en
dc.bibliographictitle Bhorat, H., Cassim, A. & Tseng, D. (2016) Higher education, employment and economic growth: exploring the interactions. <i>Development Southern Africa</i>. 33(3):312-327. en
dc.publicationyear 2016 en
dc.contributor.author1 Bhorat, H. en
dc.contributor.author2 Cassim, A. en
dc.contributor.author3 Tseng, D. en

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