privatization of tertiary education comes with a vast reduction in the number of students, an increase in the college wage premium … and longrun welfare losses of around 5 percent. Surprisingly, we find that from privatization of tertiary education …

blocks: the level of economic development (GRP growth rate and GRP per capita), education and human capital (number of …?Knowledge economy? as a concept describes a stage of socio-economic development, when knowledge become a major growth … students per capita and the average number of education years for employees), science and innovation (number of researchers and …