Impact of Technical Education on the Labor Productivity

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Author	Abdul Rehman, Dr Khalid Mughal
ISSN	2307-2466
On Pages	462-471
Volume No.	2
Issue No.	7
Issue Date	December 01, 2020
Publishing Date	December 01, 2020
Keywords	Technical Education, Labor Productivity, Production Function, Skilled Labor and Unskilled Labor

Abstract

This study analyzes the role of technical education in the economic development of a country like Pakistan. This is a co-relational study based on The Cobb Douglas Production Function. It was found that the skilled labor has a positive and the unskilled labor has a negative relationship with the Dependent variable Labor Productivity. The tables and diagrams were used to explain the relationship and the Productivity trend of the variables. Both of the independent variables explain the Dependent variable according to their productive capacity. Time series data were taken, in which the population size is from 1990-2011 and 21 samples were observed, and the linear regression was run upon the variables used in this study to seek the required result.

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