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Education Expansion, Expenditures per Student and the Effects on Growth in Asia

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  • Katarina Keller
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    Abstract

    This article estimates the separate effects of primary, secondary and higher education on economic growth in Asia since 1960. Enrollment rates, public expenditures and public expenditures per student are used as measures of education in an empirical panel data analysis. Expenditures toward primary education and expenditures per student in this education stage have contributed highly significantly to economic growth, while expenditures toward the higher stages seem more inefficiently utilized. Enrollment rates in secondary education especially play an important role in increasing growth rates. Enrollment rates, in particular, display significant indirect effects.

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    File URL: http://www.tandfonline.com/doi/abs/10.1080/12265080500537243
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Global Economic Review.

    Volume (Year): 35 (2006)
    Issue (Month): 1 ()
    Pages: 21-42

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    Handle: RePEc:taf:glecrv:v:35:y:2006:i:1:p:21-42

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    Keywords: Economic growth; education; enrollment; public education expenditures; Asia;

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    Cited by:
    1. Benos, Nikos & Zotou, Stefania, 2013. "Education and Economic Growth: A Meta-Regression Analysis," MPRA Paper 46143, University Library of Munich, Germany.

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