Bìznes Inform (Jun 2018)
The Factors Influencing Economic Growth in the Sphere of Education: the Statistical Aspect
Abstract
The article is aimed at researching the factors of economic growth in the education sphere of Ukraine. It is determined that the result of activities in the sphere of education, provision of educational services at the macro-economic level can be the volumes of gross added value of education, and factors of economic growth can be the number of employees and the amount of capital investments in the researched sphere. The use of the mentioned indicators is substantiated taking into account the modern system of providing information by the State Statistics Service of Ukraine. Tendencies of changes in the factors of economic growth for 2007–2016 are analyzed. The model of economic growth in education with exogenous inclusion of the factor of scientific-technological progress is built. The indicators of efficiency are calculated by correlation of factors of the economic growth function in the sphere of education. The necessity to increase the volume of capital investments in the sphere of education for modernization of material and technical base, use of the newest software, forms and methods of training is substantiated.
