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The Welfare Implications of Expenditure on Education and Public Expenditure in General in African Countries

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Author Info

  • Olusegun A. Akanbi

    ()
    (Department of Economics, University of Pretoria)

  • Niek J. Schoeman

    ()
    (Bureau for Economic Policy and Analysis (BEPA))

Abstract

This paper reports on research aimed at measuring the drivers behind public expenditure with specific reference to educational expenditure and the way in which welfare is affected by such expenditure. The empirical estimations are carried out using a public choice model on a panel of 15 selected African countries over the period 1995-2004. The results show that government expenditure on education is resilient to shocks and the education sector is not seriously affected by allocative changes that favour corruption. Expenditure on education in the countries included in the study generally comply with the guidelines set by the IMF in terms of their fiscal adjustment programs.

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Bibliographic Info

Paper provided by University of Pretoria, Department of Economics in its series Working Papers with number 200707.

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Length: 25 pages
Date of creation: Apr 2007
Date of revision:
Handle: RePEc:pre:wpaper:200707

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