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The cost of vocational training (1997)

Tsang, Mun C.

Bingley : Emerald

International journal of manpower 18 (1997), S. 63-89

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ISSN: 0143-7720

Source: Emerald Fulltext Archive Database 1994-2005

Topics: Economics

Notes: Discusses the methodological issues in costing two common types of vocational training programmes: institutional vocational training and enterprise-based vocational training. Points out that the survey/interview approach should be used to collect data from institutions instead of from the government in costing institutional vocational training, and that more frequent use should be made of the case-study and survey methods in costing enterprise-based vocational training. Based on empirical studies on both developed and developing countries, analyses the costs of different types of vocational training programmes. Shows that training costs are influenced by such factors as the technology of training, teacher costs and their determinants, programme length, extent of wastage, extent of underutilization of training inputs and scale of operation. In general, vocational/technical education is more costly than academic programmes and pre-employment vocational training is more expensive than in-service training. Discusses the implications of these findings for training policies.

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1108/01437729710169292

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Human Capital Development in an Emerging Economy: The Experience of Shenzhen, China: Research Note (1999)

Xiao, Jin ; Tsang, Mun

Cambridge : Cambridge University Press

The @China quarterly 157 (1999), S. 72-114

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ISSN: 0305-7410

Source: Cambridge Journals Digital Archives

Topics: Linguistics and Literary Studies , History , Political Science , Sociology , Economics

Notes: Human capital refers to the skills, knowledge and values that individuals acquire in formal schooling, in the workplace and in other settings that raise their productive capacity. In an increasingly global economy, investment in human capital is seen as one of the major strategies for enhancing the economic competitiveness of firms and nations and a major factor in determining the extent of economic polarization among social groups and nations.