Vocational Education in the System of Determinants of Reducing Youth Unemployment: Interregional Comparisons

Abstract

The purpose of our research is to perform an empirical analysis of the factors affecting the reduction of youth unemployment in Russian regions and to assess the role of education. For statistical estimations we used regression models. The results of our study show that the rate of youth unemployment is influenced by the rate and structure of employment, the level of economic development of the region and the demographic structure of the region. We also found that vocational education reduces the risks of youth unemployment in Russian regions.