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Assessment of the efficiency of public education expenditure on literacy rate in Nigeria

Author

Listed:
  • Maria C. UZONWANNE

    (Department of Economics, Nnamdi Azikiwe University, Awka, Nigeria)

  • Anoke E. EZE

    (Department of Economics, Nnamdi Azikiwe University, Awka, Nigeria)

  • Geraldine E. NZERIBE

    (Department of Economics, Nnamdi Azikiwe University, Awka, Nigeria)

  • Uju R. EZENEKWE

    (Department of Economics, Nnamdi Azikiwe University, Awka, Nigeria)

  • Chiemezie D. UKEJE

    (Department of Economics, Nnamdi Azikiwe University, Awka, Nigeria)

Abstract

This study assessed the efficiency of public education expenditure on literacy rate in Nigeria using data from 1990 to 2017. The study employed Data Envelopment Analysis (DEA) and Ordinary Least Squares (OLS) regression techniques. The findings revealed that public education expenditure has a positive and significant effect on literacy rate in Nigeria. The study recommends increased funding and efficient allocation of resources to the education sector.

Suggested Citation

  • Maria C. UZONWANNE & Anoke E. EZE & Geraldine E. NZERIBE & Uju R. EZENEKWE & Chiemezie D. UKEJE, 2020. "Assessment of the efficiency of public education expenditure on literacy rate in Nigeria," Journal of Economic and Social Thought, EconSciences Journals, vol. 7(1), pages 1-13, March.
    • Handle: RePEc:cvv:journ3:v:7:y:2020:i:1:p:1-13
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    References listed on IDEAS

    as
    1. Risikat Oladoyin S. Dauda, 2011. "Effect of Public Educational Spending and Macroeconomic Uncertainty on Schooling Outcomes: Evidence from Nigeria," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 16(31), pages 7-21.
    2. Greg Ekpung Edame & Agboro Diepreye Eturoma, 2014. "The determinants of public expenditure on educational infrastructural facilities and economic growth in Nigeria," E3 Journal of Business Management and Economics., E3 Journals, vol. 5(6), pages 152-161.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid

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