VET might be expected to offer macrosocial benefits through two mechanisms: the aggregate human capital stock and education equity.
The VET impact on macrosocial benefits was tested using a new VET dataset (1960-90, at higher and secondary level) for 21 OECD countries, building on Green et al. (2006). Using regression analysis, we explore whether aggregate levels of VET influence a range of macrosocial benefits: health, rights and social order. The analysis is not conclusive but future research directions are highlighted.
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Cedefop