Educational Expenditure of Large States in India: A normative approach

Deborshi Brahmachari

MPRA Paper from University Library of Munich, Germany

Abstract: Using the panel data for 15 large Indian states over the period of 3 years: 2005-2006 to 2007-08, this analysis employs pooled panel data models to estimate the average (normative) levels of expenditure on primary, secondary and higher education. Pooled panel data regression allows comparison between heterogeneous units. The inclusion of cross section data adds variability there by, reducing collinearity among variables and degrees of freedom are also enhanced. Pooling of time series and cross section data helps estimation of average responses underlining a given relationship. (Dielman, 1989; Rao 2000). The paper proceeds from the supply side (cost) and attempts to estimate the average / normative expenditure levels.

Keywords: Education Expenditure; Expenditure Function; Pooled regression models (search for similar items in EconPapers)
JEL-codes: H52 (search for similar items in EconPapers)
Date: 2016-01
New Economics Papers: this item is included in nep-edu and nep-ure
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