Munich Personal RePEc Archive

Effects of Government Education and Health Expenditures on Economic Growth: A Meta-analysis

Awaworyi, Sefa and Yew, Siew Ling and Ugur, Mehmet (2015): Effects of Government Education and Health Expenditures on Economic Growth: A Meta-analysis.

[img]
Preview
PDF
MPRA_paper_68007.pdf

Download (809kB) | Preview

Abstract

Using a sample of 306 estimates drawn from 31 primary studies, this paper conducts an empirical synthesis of the link between economic growth and government expenditure on education or health using meta-analysis. We also explain the heterogeneity in empirical results. We find that the effect of government education expenditure on growth is positive, whereas the growth effect of government health expenditure is negative. Our meta-regression analysis suggests that factors such as econometric specifications, publication characteristics as well as data characteristics explain the heterogeneity in the literature. We also find no evidence of publication selectivity.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.