Education and Economic Growth in India
The paper focuses on the expenditure on education as determinant on economic growth. The study examine the relationship between education and economic growth in total number of states as a whole , Non special category states, special category states and North eastern states separately. We have considered Net State Domestic Product at Factor cost on constant prices (NSDP) and Per-capita Net State Domestic Product at Factor cost ( PerNSDP)on constant price as proxy for economic growth. Using the panel least square with fixed and random effect NSDP and Per NSDP has regressed separately on Expenditure on education and Expenditure on education as a percentage of aggregate expenditure. The result of the study shows that expenditure on education is positively influencing the growth of the economy. But Expenditure on education as a percentage of aggregate expenditure is negatively influencing the economic growth in case of total states as a whole and Non special category states. However it is not showing significance for northeastern states.
|Date of creation:||15 Dec 2012|
|Date of revision:|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Annabi, Nabil & Harvey, Simon & Lan, Yu, 2011. "Public expenditures on education, human capital and growth in Canada: An OLG model analysis," Journal of Policy Modeling, Elsevier, vol. 33(6), pages 852-865.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:48524. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.