IDEAS home Printed from https://ideas.repec.org/a/cup/buspol/v26y2024i4p489-504_3.html

Political orientation and education investment: an OECD perspective

Author

Listed:
  • Lu, Yifan
  • Yan, Kaiyue
  • Wang, Cong

Abstract

This paper explores the potential causal relationship between political orientation and education investment by using panel data from 21 OECD countries from 1970 to 2020 and utilizing estimators that address endogeneity (i.e. 2SLS, System GMM, and Lewbel 2SLS). In particular, using communist influence as a physical instrument for political orientation, we find a positive impact of the right political orientation on education investment, and the impact of the left orientation is negative. The positive impact from the right orientation is also stronger than the negative impact from the left. Moreover, these core results are robust to alternative measures of political orientation and education investment, alternative estimators that address endogeneity, and the moderation effect of innovation.

Suggested Citation

  • Lu, Yifan & Yan, Kaiyue & Wang, Cong, 2024. "Political orientation and education investment: an OECD perspective," Business and Politics, Cambridge University Press, vol. 26(4), pages 489-504, December.
    • Handle: RePEc:cup:buspol:v:26:y:2024:i:4:p:489-504_3
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1469356924000028/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:buspol:v:26:y:2024:i:4:p:489-504_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/bap .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.