Public Education Spending and Economic Growth: The Governance Threshold Effect
Salwa Trabelsi ()
Additional contact information
Salwa Trabelsi: ESSEC, University of Tunis
Journal of Economic Development, 2018, vol. 43, issue 1, 101-124
This paper aims to give reason to the mixed result between the public education spending and growth found largely by the empirical works and to confirm the nonlinear character of this relationship. Using cross countries data averaged during the period 1980-2013, and the structural threshold regression method STR (Kourtellos et al,. 2015) to investigate the heterogeneous effects of the public education spending on growth considering governance indicators as threshold variable, we obtain evidence that this expenditure contributes positively to the economic performance only if the country is above the threshold level and presents good governance otherwise the effect is negative.
Keywords: Education Expenditure; Governance; Economic Growth; Threshold Effects; Structural Threshold Regression STR (search for similar items in EconPapers)
JEL-codes: I22 I25 P46 O43 H52 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:jed:journl:v:43:y:2018:i:1:p:101-124
Access Statistics for this article
Journal of Economic Development is currently edited by Sung Y. Park
More articles in Journal of Economic Development from Chung-Ang Unviersity, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sung Y. Park ().