Wednesday 11 July 2018

Social-economic contribution of vocational education and training: an evidence from OECD countries

an article by Muhammad Ali Asadullah (Emirates College of Technology, Abu Dhabi, United Arab Emirates; The University of Lahore, Pakistan) and Aamir Zafar Ullah (Primary and Secondary Healthcare Department, Lahore, Pakistan) published in Industrial and Commercial Training Volume 50 Issue 4 (2018)

Abstract

Purpose
The purpose of this paper is to examine the impact of national investment in vocational education and training (VET) on the economic growth through the mediating role of social inclusion.

Design/methodology/approach
This study is based on a panel data of 31 Organisation for Economic Co-operation and Development countries for 15 years collected through secondary sources.

Findings
The statistical results of the study have supported the entire hypotheses. Particularly, the results demonstrate that the social inclusion strengthens the contribution of VET in the economic growth.

Practical implications
This study offers various policy implications for the policy makers of developing countries. Particularly, the policy makers of developing countries need to emphasize on social inclusion to enhance the contribution of national investment in VET while following the vocational education models of developed nations.

Originality/value
This study offers its theoretical contribution in the literature of VET by highlighting a mediating mechanism to explain how national investment in VET can contribute in economic growth through social inclusion.


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