Government education expenditures and economic growth: A meta-analysis

Sefa Awaworyi Churchill, Mehmet Ugur, Siew Ling Yew

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6 Citations (Scopus)

Abstract

Using a sample of 237 estimates drawn from 29 primary studies, we conduct a hierarchical meta-regression analysis that examines the association between economic growth and government expenditure on education. We find that the effect of government education expenditure on growth is positive for developed countries. However, when the evidence pertains to less developed countries (LDCs), we find a statistically insignificant association. We also examine the heterogeneity in empirical results and found that factors such as econometric specifications, publication characteristics as well as data characteristics explain the heterogeneity in the literature. We find no evidence of publication selectivity.

Original languageEnglish
Article number20160109
Number of pages17
JournalThe B.E. Journal of Macroeconomics
Volume17
Issue number2
DOIs
Publication statusPublished - 1 Jun 2017

Keywords

  • Economic growth
  • Government education expenditure
  • Human capital

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