Panel estimation for the relationship between education expenditure and economic growth for oecd countries Cover Image

Panel estimation for the relationship between education expenditure and economic growth for oecd countries
Panel estimation for the relationship between education expenditure and economic growth for oecd countries

Author(s): Zeynep Karaçor, Burcu Guvenek, Esra Ekinci, Sevilay KONYA
Subject(s): Socio-Economic Research, Sociology of Education
Published by: Wydawnictwo Naukowe Akademii WSB
Keywords: Educational expenditures; growth;panel data analysis;

Summary/Abstract: Abstract. Education, which is one of the important dynamics of human capital along with health, plays an important role in this context. Increasing the level of success comes through higher standards of education, recruitment of qualified workers, better employment opportunities and increased earnings which are significant contributors to growth and prosperity in OECD countries. In this study, the relationship between educational expenditures and economic growth for 19 selected OECD countries is analysed using the panel data method.

  • Issue Year: 6/2018
  • Issue No: 2
  • Page Range: 7-20
  • Page Count: 14
  • Language: English