DEVELOPMENT AND ECONOM?C ASPECT OF EDUCAT?ON THE ANALYSIS OF CORRELATION BETWEEN UNEMPLOYMENT AND EDUCATIONAL EXPENDITURE IN TURKEY ACCORDING TO QUANTILE REGRESSION MODEL

Abstract

Almost half a century ago, ?development? began to become a concept far beyond an economic growth ? a concept of improving living conditions for people. The new sense of development is reflection of a viewpoint which spreads out from fighting unemployment and poverty to meeting basic needs like health and education, and pays regard to sustainability and human development dimension of development itself. This study deals with education and its economic aspect within the frame of transformation in development concept, and manifests the present state of education in regard to development in Turkey comparing its data with the developed countries?. The study analyses also, with the help of Quantile Regression Analysis Model, the correlation of variables: educational expenditure which is thought to affect the unemployment rate / GDP, educational expenditure / public expenditure and educational budget / total budget.