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Institutions and Public Expenditure on Education in OECD Countries

Author

Listed:
  • Agustín Molina Morales

    (Universidad de Almería)

  • Ignacio Amate Fortes

    (Universidad de Almería)

  • Almudena Guarnido

    (Universidad de Almería)

Abstract

The aim of this study is to determine the factors affecting public expenditure on education with regard to OECD countries, with particular emphasis on the relationship between institutional quality and education spending. For this purpose, a data panel model was estimated for 33 countries over a period of 14 years (from 1996 to 2009, both years inclusive). The results obtained enable us to conclude that the greater the economic, social and democratic development of a country, the higher the spending on education undertaken by the government, even more so in the case of left-wing governments Clasificación JEL: H52, I21, I24.

Suggested Citation

  • Agustín Molina Morales & Ignacio Amate Fortes & Almudena Guarnido, 2013. "Institutions and Public Expenditure on Education in OECD Countries," Hacienda Pública Española / Review of Public Economics, IEF, vol. 204(1), pages 67-84, March.
    • Handle: RePEc:hpe:journl:y:2013:v:204:i:1:p:67-84
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    References listed on IDEAS

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    Cited by:

    1. Gianko Michailidis & Concepció Patxot & Meritxell Solé, 2019. "Do pensions foster education? An empirical perspective," Applied Economics, Taylor & Francis Journals, vol. 51(38), pages 4127-4150, August.
    2. Diego Martínez-Navarro & Ignacio Amate-Fortes & Almudena Guarnido-Rueda, 2020. "Inequality and development: is the Kuznets curve in effect today?," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 37(3), pages 703-735, October.
    3. Gema Fabro & José Aixalá, 2013. "Do the Models of Institutional Quality Differ According to the Income Level of the Countries? The Case of the Low-Income Countries," Hacienda Pública Española / Review of Public Economics, IEF, vol. 206(3), pages 11-26, September.

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    More about this item

    Keywords

    Public expenditure; education; institutionalism; inequality; GDP;
    All these keywords.

    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality

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