Participation in further education in England and Wales: an analysis of post-war trends
Participation in 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.
human capital, participation in further education, cointegration analysis
University of Southampton
McVicar, Duncan
2f910ef3-d22b-4f00-b95b-cc6312b653f6
Rice, Patricia
9fe65262-51ad-4deb-9b8f-cedc772ba186
2000
McVicar, Duncan
2f910ef3-d22b-4f00-b95b-cc6312b653f6
Rice, Patricia
9fe65262-51ad-4deb-9b8f-cedc772ba186
McVicar, Duncan and Rice, Patricia
(2000)
Participation in further education in England and Wales: an analysis of post-war trends
(Discussion Papers in Economics and Econometrics, 14)
Southampton, UK.
University of Southampton
29pp.
Record type:
Monograph
(Discussion Paper)
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.
More information
Published date: 2000
Keywords:
human capital, participation in further education, cointegration analysis
Identifiers
Local EPrints ID: 33115
URI: http://eprints.soton.ac.uk/id/eprint/33115
PURE UUID: 22747c6a-7e40-46a8-b2d3-529487fde7b8
Catalogue record
Date deposited: 19 Jul 2006
Last modified: 15 Mar 2024 07:42
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Contributors
Author:
Duncan McVicar
Author:
Patricia Rice
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