Educational Expenditure of Large States in India : A normative approach

Brahmachari, Deborshi (2016): Educational Expenditure of Large States in India : A normative approach.

Abstract

Using the panel data for 15 large Indian states over the period of 3 years: 2005-2006 to 2007-08, this analysis employs pooled panel data models to estimate the average (normative) levels of expenditure on primary, secondary and higher education. Pooled panel data regression allows comparison between heterogeneous units. The inclusion of cross section data adds variability there by, reducing collinearity among variables and degrees of freedom are also enhanced. Pooling of time series and cross section data helps estimation of average responses underlining a given relationship. (Dielman, 1989; Rao 2000). The paper proceeds from the supply side (cost) and attempts to estimate the average / normative expenditure levels.

• Item Type: MPRA Paper
• Language: English
• Keywords: Education Expenditure, Expenditure Function, Pooled regression models
• Subjects: H - Public Economics > H5 - National Government Expenditures and Related Policies > H52 - Government Expenditures and Education

References

Rao, M G and V Aggarwal (1992): 'Inter-governmental Fiscal Transfers in India: Some Issues of Design and Measurement', Indian Economic Review, Vol 26, pp 13-34

Rao, M G, Roy Allen and B. Kamaiah (2000) : “ Educational Expenditure of Large States: A Normative View”, Economic and Political Weekly, Vol. 35, No. 17 (Apr. 22-28, 2000), pp. 1465-1469

Baltagi, B H (1995): Econometric Analysis of Panel Data, John Wiley and Sons.

Dielman, T E (1989): Pooled Cross-Sectional and Time Series Data Analysis, Marcel Dekker, New York