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Government Spending in Education and Economic Growth in Cameroon A Vector Error Correction Model Approach

Author

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  • Tayo DOUANLA

    (Yaound 2 University Cameroon)

  • Fouda ABOMO

    (Yaound 2 University Cameroon)

Abstract

This study aims at assessing the effect of government spending in education on economic growth in Cameroon over the period 1980 2012 using a vector error correction model The estimated results show that these expenditures had a significant and positive impact on economic growth both in short and long run The estimated error correction model shows that an increase of 1 of the growth rate of private gross fixed capital formation and government education spending led to increases of 5 03 and 10 145 respectively in the long run on economic growth Education spending thus appears as one of the main driving force of the economic growth process in Cameroon

Suggested Citation

  • Tayo DOUANLA & Fouda ABOMO, 2015. "Government Spending in Education and Economic Growth in Cameroon A Vector Error Correction Model Approach," Journal of Research in Educational Sciences, ASERS Publishing, vol. 6(8), pages 12-18.
  • Handle: RePEc:srs:jres00:v:6:y:2015:i:8:p:12-18
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    Cited by:

    1. Douanla Tayo Lionel, 2015. "Determinants of Health Spending Efficiency: a Tobit Panel Data Approach Based on DEA Efficiency Scores," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 11(4), pages 56-71, August.
    2. Md. Mizanur Rahman & Tahsin Binta Anis, 2023. "Government expenditure on education and economic growth: a panel data analysis," Journal of Community Positive Practices, Catalactica NGO, issue 2, pages 30-46.
    3. Kouton, Jeffrey, 2018. "Education expenditure and economic growth: Some empirical evidence from Côte d’Ivoire," MPRA Paper 88350, University Library of Munich, Germany.

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