The Influence of Education Expenditure on Economic Growth Cover Image

Eğitim Harcamalarının İktisadi Büyümeye Etkisi
The Influence of Education Expenditure on Economic Growth

Author(s): Taner Akçacı
Subject(s): Education, Recent History (1900 till today), Economic development, Accounting - Business Administration, Socio-Economic Research
Published by: Kafkas Üniversitesi Sağlık, Kültür ve Spor Daire Başkanlığı Dijital Baskı Merkezi
Keywords: Education; Economic Growth; Toda-Yamamoto Causality;

Summary/Abstract: Education is a process that directs individuals towards target and gives individuals information behavior change skills. Economic and social effects of increasing human capital that affect the formation of the so-called source of manpower, social and economic progress of societies believed to play an important role in the importance of education has been increasing recently. It is not possible to explain economic well-being by physical capital itself. Education at work in the area of education as a production factor, labor force skills and productivity through the capacity development of national income has contributed to the growth. The purpose of this study is to describe the relationship between education and economic growth. In the study, the relationship between education expenditure and economic growth for the period 1998Q1-2012Q3 were investigated through the Toda-Yamamoto causality test. Also, according to the empirical findings, there is unidirectional causality from education expenditure to economic growth.

  • Issue Year: 4/2013
  • Issue No: 5
  • Page Range: 65-79
  • Page Count: 15
  • Language: Turkish