Econometric Analysis of the Supply and Demand of Educational Services Concerning the Specialty 051 «Economics»

The article uses econometric methods to build the models of supply and demand for educational services concerning the specialty 051 «Economics» and the educational program «Economic Cybernetics». Samples in the models include almost the entire list of higher education institutions, providing studies...

Full description

Bibliographic Details
Main Authors: Skrypnyk Andrii V., Kostenko Inna S.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2020-04-01
Series:Bìznes Inform
Subjects:
Online Access:https://www.business-inform.net/export_pdf/business-inform-2020-4_0-pages-279_288.pdf
_version_ 1818964332661178368
author Skrypnyk Andrii V.
Kostenko Inna S.
author_facet Skrypnyk Andrii V.
Kostenko Inna S.
author_sort Skrypnyk Andrii V.
collection DOAJ
description The article uses econometric methods to build the models of supply and demand for educational services concerning the specialty 051 «Economics» and the educational program «Economic Cybernetics». Samples in the models include almost the entire list of higher education institutions, providing studies in the specialty 051 «Economics» and the educational program «Economic Cybernetics», according to data as of 2019. As a quantitative indicator of the offer, the article uses the cost of educational services for the first academic year under the terms of the contract, the demand – the number of applications submitted. As explaining variables considered as a number of objective characteristics of higher education institutions (HEI) are used the following: the number of budget-financed and licensed places, status, form of ownership, and others. As a subjective characteristic, the concept of «elite» is used, defined by binary change. Using quantitative experiments (based on assessments of the adequacy parameters of the models) it is determined that the elite ones should include the Taras Shevchenko National University of Kyiv, the National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute», the National University of «Kyiv-Mohyla Academy». The hypothesis of use by the State-owned HEI of the dumping price strategy has been justified in the modeling of the proposal. Differences have been found in attitudes towards the objective and subjective characteristics of HIA by the administration of HIA (supply) and by applicants (demand).
first_indexed 2024-12-20T12:59:26Z
format Article
id doaj.art-78cb87ce636e4b759321b2aa5b2a9319
institution Directory Open Access Journal
issn 2222-4459
2311-116X
language English
last_indexed 2024-12-20T12:59:26Z
publishDate 2020-04-01
publisher Research Centre of Industrial Problems of Development of NAS of Ukraine
record_format Article
series Bìznes Inform
spelling doaj.art-78cb87ce636e4b759321b2aa5b2a93192022-12-21T19:39:57ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2020-04-01450727928810.32983/2222-4459-2020-4-279-288Econometric Analysis of the Supply and Demand of Educational Services Concerning the Specialty 051 «Economics»Skrypnyk Andrii V.0Kostenko Inna S. 1National University of Life and Environmental Sciences of UkraineNational University of Life and Environmental Sciences of UkraineThe article uses econometric methods to build the models of supply and demand for educational services concerning the specialty 051 «Economics» and the educational program «Economic Cybernetics». Samples in the models include almost the entire list of higher education institutions, providing studies in the specialty 051 «Economics» and the educational program «Economic Cybernetics», according to data as of 2019. As a quantitative indicator of the offer, the article uses the cost of educational services for the first academic year under the terms of the contract, the demand – the number of applications submitted. As explaining variables considered as a number of objective characteristics of higher education institutions (HEI) are used the following: the number of budget-financed and licensed places, status, form of ownership, and others. As a subjective characteristic, the concept of «elite» is used, defined by binary change. Using quantitative experiments (based on assessments of the adequacy parameters of the models) it is determined that the elite ones should include the Taras Shevchenko National University of Kyiv, the National Technical University of Ukraine «Igor Sikorsky Kyiv Polytechnic Institute», the National University of «Kyiv-Mohyla Academy». The hypothesis of use by the State-owned HEI of the dumping price strategy has been justified in the modeling of the proposal. Differences have been found in attitudes towards the objective and subjective characteristics of HIA by the administration of HIA (supply) and by applicants (demand).https://www.business-inform.net/export_pdf/business-inform-2020-4_0-pages-279_288.pdfeconometric modelscost of educational services (training)private and public educationdemandsupplyelite hei
spellingShingle Skrypnyk Andrii V.
Kostenko Inna S.
Econometric Analysis of the Supply and Demand of Educational Services Concerning the Specialty 051 «Economics»
Bìznes Inform
econometric models
cost of educational services (training)
private and public education
demand
supply
elite hei
title Econometric Analysis of the Supply and Demand of Educational Services Concerning the Specialty 051 «Economics»
title_full Econometric Analysis of the Supply and Demand of Educational Services Concerning the Specialty 051 «Economics»
title_fullStr Econometric Analysis of the Supply and Demand of Educational Services Concerning the Specialty 051 «Economics»
title_full_unstemmed Econometric Analysis of the Supply and Demand of Educational Services Concerning the Specialty 051 «Economics»
title_short Econometric Analysis of the Supply and Demand of Educational Services Concerning the Specialty 051 «Economics»
title_sort econometric analysis of the supply and demand of educational services concerning the specialty 051 economics
topic econometric models
cost of educational services (training)
private and public education
demand
supply
elite hei
url https://www.business-inform.net/export_pdf/business-inform-2020-4_0-pages-279_288.pdf
work_keys_str_mv AT skrypnykandriiv econometricanalysisofthesupplyanddemandofeducationalservicesconcerningthespecialty051economics
AT kostenkoinnas econometricanalysisofthesupplyanddemandofeducationalservicesconcerningthespecialty051economics