Should Government Promote Vocational Education And Training?

Why Should Government Promote Vocational Education and Training? Introduction
Vocational education and training can be seen as “deliberate interventions” (UNESCO’S) designed to bring about learning which help youth and adults develop necessary skills and qualifications required by employment. It may have many different aims, but the distinctive purpose of VET is to make worker more productive.
There is no denying the fact that well-educated and highly-skilled workforce is important for an economy. Research based in European dataset shows that 1 percent increase in the proportion of highly-skilled workers lead to 0.7 percentage raise in labour productivity growth rate (Hector). VET
Therefore, it is usually used as policy tool to respond
Analysis
Safety net for individuals
Some arguments about VET inhibits students to attend higher education，”Students usually follow college-prep programs because they intend to go to college; students often follow vocational programs because they do not intend to go to college. The goals of the two groups seem almost by definition to be non-overlapping.”[找文献各种drawbacks] [some drawbacks can improve?] lower wage. it may make students find jobs more easily(characteristics文献)
VET serves as a safety net for individuals because it can reduce the probability of unemployment and enhance the chances for employment for students who do not attend post-secondary education.( Arum and Shavit) James and Vincent also come to the similar conclusion.[tradeoff]
To what extent VET can serves as a safety net may depend on institutional design. [找不到文献]
Tutan Ahmed(2016?) argued that formal VET has a positive significant influence on wage by using three rounds of data to run wage regressions.

Productivity
Government and industry regard it as a main factor involving contributing to economic growth through its contributions to productivity.
Hector and use evidence on Europe shows that VET has contributed to the growth rate of labour productivity. Moreover, they quantified continuing vocational education and training’s (CVET) effect on productivity. One extra hour training for employees leads to 0.55 percentage point increase in the growth rate of labour market.
Counter unemployment
Vocational education and training is often used as an instrument to counter unemployment, especially structural unemployment. (NCVER)
One feature of modern labor market is change (Farber).[需要扩充] Vocational education and training enables worker to acquire more skills which prepare them to survive in the structural change or make transitions from sunset industry to growing sector.( NCVER) For example, learning new skills to adapt to production technological change. Provide support for workers who have been displaced by industrial change.
Succeed in globalized world
With the acceleration of economic integration in the world,
To equip workers with to meet the challenge of global economy and survive in the knowledge-driven economy, To prepare students for high-paid,