Participation in full-time further education in England and Wales: an analysis of post-war trends
Participation in full-time further education in England and Wales: an analysis of post-war trends
The paper examines the time-series evidence relating to participation rates in further education in England and Wales, and uses cointegration analysis to identify a long-run statistical relationship in the data consistent with an augmented human-capital model. The recent rapid growth of participation is attributable largely to the improvements in GCSE attainment of the last decade, coupled with the expansion of higher education. Fluctuations in labour demand play a significant role in determining movements in participation rates over time, and the substantial rise in youth unemployment of the early notes was a contributed to the rapid growth of participation at this time.
47-56
McVicar, D.
452ea4e8-7299-4aca-a3ed-f2f13bf385e1
Rice, P.
acd22f1e-c37f-4d23-805e-b7c86a949215
2001
McVicar, D.
452ea4e8-7299-4aca-a3ed-f2f13bf385e1
Rice, P.
acd22f1e-c37f-4d23-805e-b7c86a949215
McVicar, D. and Rice, P.
(2001)
Participation in full-time further education in England and Wales: an analysis of post-war trends.
Oxford Economic Papers, 53 (1), .
(doi:10.1093/oep/53.1.47).
Abstract
The paper examines the time-series evidence relating to participation rates in further education in England and Wales, and uses cointegration analysis to identify a long-run statistical relationship in the data consistent with an augmented human-capital model. The recent rapid growth of participation is attributable largely to the improvements in GCSE attainment of the last decade, coupled with the expansion of higher education. Fluctuations in labour demand play a significant role in determining movements in participation rates over time, and the substantial rise in youth unemployment of the early notes was a contributed to the rapid growth of participation at this time.
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Published date: 2001
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Local EPrints ID: 32902
URI: http://eprints.soton.ac.uk/id/eprint/32902
ISSN: 0030-7653
PURE UUID: e0a7986d-7c35-462e-a96b-30b69235bcd8
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Date deposited: 15 May 2006
Last modified: 15 Mar 2024 07:40
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Author:
D. McVicar
Author:
P. Rice
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