Analysis of the Effects of Vocational Education and Technical Training on Economic Growth in a Selected Developing Countries, 1990-2011

Neda Barikrou¹ Javad Mir-Mohammad Sadeghi² Mohammad-Reza Ghasemi³

1) M.A., Economic Development and Planning Department, Islamic Azad University Khomeenishahr, Iran, (Corresponding author).
2) Professor, Economic Development and Planning Department, Islamic Azad University Khomeenishahr, Iran.
3) Assistant professor, Head Department of Statistics and Information, Office of governor general, Isfahan, Iran.

IOI Code : XYCF-ADHGH
Publication : 2nd.International Congress on Management, Economy, Humanities and Business Development(icmba.ir)
Abstract :
    Study of the effect of technical and vocational trainings (TVT) on economic growth are of genuine importance. The purpose of this research is to analyze the effects of TVT of economic growth of 16 selected developing countries in the period of 1990 to 2011. The data used of panel type and the analytical model in a regression of fixed effect type. The results showed that variables of labor force, the number of students enrolled in universities, the number of students enrolled in TVT, gross capital formation and the government expenditures had positive and statistically significant effects on economic growth. Also, the effects of persons with TVT skills and specialties on economic growth were more than those with only theoretical trainings.

Keywords : economic growth human capital vocational and technical trainings panel data