CEU eTD Collection (2023); Katalin Rostás: The Impact of the 2011 Education Act on the Economic Growth of Hungary

CEU Electronic Theses and Dissertations, 2023
Author Katalin Rostás
Title The Impact of the 2011 Education Act on the Economic Growth of Hungary
Summary This paper aims to research the relationship between the Hungarian economy and the education act implemented in Hungary in 2011. Specifically, this paper analyzes the relationship between Hungary’s economic growth and one of the key elements of this policy, the adjustment of the upper limit of compulsory schooling from 18 to 16. In order to give a full-scale perspective, I studied the institutional background of the policy, in addition with the already existing research on the broad topic of economic growth and education. I further developed and adapted a methodology using difference-in-differences regression analysis as empirical strategy to answer the question of how the 2011 education act impacted the share of secondary school students on a municipality level and how did the same act affect economic growth, on a municipality level. Based on the study, I set up my conclusion and policy recommendation which suggest that the education act does have an impact on the economy, and it should be considered to re-establish the upper limit of compulsory schooling to 18 years of age.
Supervisor Timea Laura Molnár
Department Economics MA
Full texthttps://www.etd.ceu.edu/2023/rostas_katalin.pdf

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