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

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Author Info
Katarina Keller
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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Publisher Info
Article provided by Taylor and Francis Journals in its journal Global Economic Review.

Volume (Year): 35 (2006)
Issue (Month): 1 (March)
Pages: 21-42
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Handle: RePEc:taf:glecrv:v:35:y:2006:i:1:p:21-42

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

References listed on IDEAS
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    Other versions:
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    Other versions:
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  17. Nonneman, Walter & Vanhoudt, Patrick, 1996. "A Further Augmentation of the Solow Model and the Empirics of Economic Growth for OECD Countries," The Quarterly Journal of Economics, MIT Press, vol. 111(3), pages 943-53, August. [Downloadable!] (restricted)
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    Other versions:
  20. Griliches, Zvi, 1977. "Estimating the Returns to Schooling: Some Econometric Problems," Econometrica, Econometric Society, vol. 45(1), pages 1-22, January. [Downloadable!] (restricted)
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  22. Holger Strulik, 2002. "Child Mortality, Child Labour, and Economic Development," Quantitative Macroeconomics Working Papers 20205, Hamburg University, Department of Economics. [Downloadable!]
    Other versions:
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