Long-Run Causal Effect of Greek Public Investments

Sophia Kassapi ()

A chapter in Regional Studies on Economic Growth, Financial Economics and Management, 2017, pp 215-229 from Springer

Abstract: Abstract Linear and Non-Linear Granger causality tests are used in order to examine the dynamic relationship between public investments in education and economic growth, namely Greece 1960–2015, before, during and after the financial crisis of 2008. The interest of this paper lies upon the way investments in public schooling affect the available income in terms of GDP per capita. The results indicate little or no causal effect between income and schooling for the Greek case during the whole period of study.

Keywords: Government expenditures in education; Economic growth; Time-series; Nonparametric (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eurchp:978-3-319-54112-9_13

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DOI: 10.1007/978-3-319-54112-9_13

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