A theoretical assessment of regional development effects on the demand for general education
Economics of Education Review Volume 26, Number 3 ISSN 0272-7757 Publisher: Elsevier Ltd
This study addresses a prospective aspect of general education: through general education, people obtain information about returns to their future specific education, thereby enabling them to choose fields in which they excel. According to that property of education, this paper presents a theoretical framework as a basis for understanding effects of regional development on the demand for general education. Results suggest that the demand for general education depends on the variety of specific skills in the regional labor market.
Iwahashi, R. A theoretical assessment of regional development effects on the demand for general education. Economics of Education Review, 26(3), 387-394. Elsevier Ltd.