文章基本信息

标题：Asymmetry effects of government expenditure on education and impacts on economic growth
本地全文：下载
作者：David Krizek ; Kamila Vesela ; Lucie Severova 等
期刊名称：European Journal of Comparative Economics
印刷版ISSN：1824-2979
出版年度：2022
卷号：19
期号：1
页码：79-101
DOI：10.25428/1824-2979/008
语种：English
出版社：European Association for Comparative Economic Studies and Universita Carlo Cattaneo
摘要：The aim of this contribution is to evaluate the efficiency of the Czech educational system. If we take into account the fact that investments are made in consideration of future returns, then it holds true that investments in the form of public finances invested in the education system are implemented with an eye to future returns, in particular in terms of future growth in economic performance. Based on the time series of the development of government expenditure on education, and with regard to the differentiation of this sector into primary, secondary, and tertiary education, this article evaluates the relationship of the government expenditures to the development of the gross domestic product for the Czech Republic in the period 1992-2015. A regression analysis method is used, modified by the ARIMA model and the time lags assumed for the relationship of these two variables. A relationship between growth in government expenditure on secondary education and subsequent growth in GDP has been demonstrated. According to the results, a time lag of 6 years can be expected between these occurrences.