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THE IMPACT OF VOCATIONAL EDUCATION ON ECONOMIC GROWTH OF PAKISTAN
Vocational training improves productivity and enhances efficiency of labour for better participation in economic development. The objective of this study is to determine the impact of vocational education on economic growth of Pakistan. The study finds the impact of public investment in vocational education and availability of teachers in vocational education. This study uses time series data for empirical analysis. The findings of the study show that there is a positive relationship between vocational education and economic growth. Better vocational education improves the efficiency and productivity of labour force which further enhances economic development .It is suggested that existing vocational education system should be upgraded. The shortage of teachers in technical institutions should be fulfilled and proper training should be provided to teachers.
Keywords: vocational education, labor productivity, economic growth