Pregled bibliografske jedinice broj: 925550
The impact of education expenditures on growth in EU28 – a spatial econometric perspective
The impact of education expenditures on growth in EU28 – a spatial econometric perspective // ACTA OECONOMICA, 68 (2018), 2; 271-294 doi:10.1556/032.2018.68.2.5 (međunarodna recenzija, članak, znanstveni)
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Naslov
The impact of education expenditures on growth in EU28 – a spatial econometric perspective
Autori
Malešević Perović, Lena ; Golem, Silvia ; Mihaljević Kosor, Maja
Izvornik
ACTA OECONOMICA (0001-6373) 68
(2018), 2;
271-294
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
government spending on education, GDP growth, spatial panel analysis, spillover effects
Sažetak
This paper analyses spatial effects of the impact of government expenditures on education on economic growth in EU28 countries during the period 2004-2013. Employing a novel econometric technique that allows for the estimation of spatial spillovers, our results indicate that government expenditures on education significantly and positively influence GDP growth. Moreover, indirect i.e. spillover effects are quite large suggesting that growth models should account for spatial interdependencies. Precisely, we find that education expenditures in one country affect GDP growth in neighbouring countries, meaning that these spillovers are geographical in nature. Moreover, we find that the degree of country interdependence varies according to average GDP per capita even if geographical distance is identical. Additionally, immigration is found to be an important channel of spatial transmission.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
HRZZ-UIP-2013-11-9558 - ISTRAŽIVANJE JAVNE POTROŠNJE NA OBRAZOVANJE: UTJECAJ NA RAST, KONVERGENCIJA I EFIKASNOST (GOVSPENDEDU) (Malešević Perović, Lena, HRZZ - 2013-11) ( CroRIS)
Ustanove:
Ekonomski fakultet, Split
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Social Science Citation Index (SSCI)
- SCI-EXP, SSCI i/ili A&HCI
- Scopus
- EconLit