Baskaran, Thushyanthan and Hessami, Zohal (2010): Globalization and the Composition of Public Education Expenditures: A Dynamic Panel Analysis.
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This paper studies the relationship between globalization and the composition of public education expenditures. The theoretical model is embedded in a median voter setting and is based on the assumption that globalization leads to lower tax revenues as well as an increase in the relative wage of high-skilled workers. Overall, the theoretical discussion suggests that globalization induces a shift from primary to tertiary education expenditures, which is backed up by empirical evidence from dynamic panel estimations for 121 countries over the 1992 - 2006 period. A possible implication of the shift in educational priorities towards higher education is an increase in income inequality.
|Item Type:||MPRA Paper|
|Original Title:||Globalization and the Composition of Public Education Expenditures: A Dynamic Panel Analysis|
|Keywords:||Globalization, public education expenditures, educational policy|
|Subjects:||H - Public Economics > H4 - Publicly Provided Goods > H42 - Publicly Provided Private Goods
F - International Economics > F1 - Trade > F15 - Economic Integration
H - Public Economics > H5 - National Government Expenditures and Related Policies > H52 - Government Expenditures and Education
|Depositing User:||Zohal Hessami|
|Date Deposited:||11. Oct 2010 02:53|
|Last Modified:||12. Feb 2013 01:30|
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