Investigating.the.role.of.governmental.scholarships,.technical.training.and.R&D.in.the.provision.of.better-quality.education.in.Asia

Abstract

It.is.believed.that.the.significance.of.various.factors.like.the.availability.of.training.in.technical.terms,.research.and.development.expenditure,.and.government.scholarships.play.a.major.role.in.increasing.the.quality.of.education..This.study.has.been.carried.out.in.order.to.analyze.the.detailed.impact.of.various.variables.on.the.quality.of.education.in.the.region.of.Asia..For.this.purpose,.data.was.collected.over.the.last.26.years.from.various.Asian.economies.while.considering.different.databases.and.sources.as.well..After.collecting.the.data,.unit.root.test.was.used.in.order.to.analyze.the.cointegration..Furthermore,.ARDL.test.was.also.applied.in.order.to.investigate.the.short.run.and.long.run.relationship.between.the.study.variables..The.findings.of.the.study.reveals.the.fact.that.there.is.a.positive.impact.of.selected.explanatory.variables.on.the.quality.of.education.in.Asian.economy..Furthermore,.the.authors.conclude.that.various.policy.makers,.and.decision.makers.can.use.the.present.study.in.both.theoretical.and.practical.perspectives.as.well..However,.various.limitations.are.also.associated.with.the.present.study.