Public education expenditures and growth in Greece over the period 1960-2000
Part of : Σπουδαί : journal of economics and business ; Vol.59, No.1-2, 2009, pages 125-141
Issue:
Pages:
125-141
Abstract:
This study seeks to estimate the impact of public education expenditures on Greek economy’s growth rates over the period 1960-2000. By applying the model introduced by Mankiw et al. (1992), up to 60% of Greece’s economic growth during a 40 year period is examined. The findings of the empirical analysis reveal that public education expenditures had a positive, statistically significant but quite low effect on economic growth in Greece. The results are not robust, when public education expenditures split on the three levels of education.
Subject (LC):
Keywords:
education, public expenditures, economic growth
Notes:
Περιέχει παράρτημα πινάκων-διαγραμμάτων, σημειώσεις και βιβλιογραφία
