Craigwell, Roland and Lowe, Shane and Bynoe, Danielle (2012): The effectiveness of government expenditure on education and health care in the Caribbean. Published in:
Preview |
PDF
MPRA_paper_40935.pdf Download (107kB) | Preview |
Abstract
Investment in human development is considered a means of improving the quality of life and sustaining economic growth in the Caribbean. The purpose of this paper is to assess the efficacy of public spending on health care and education by evaluating the life expectancy and school enrolment rates of these countries.
Item Type: | MPRA Paper |
---|---|
Original Title: | The effectiveness of government expenditure on education and health care in the Caribbean |
Language: | English |
Keywords: | Caribbean; Government policy; Public finance; Public spending; Education; Health care; Panel OLS |
Subjects: | I - Health, Education, and Welfare > I2 - Education and Research Institutions > I21 - Analysis of Education I - Health, Education, and Welfare > I0 - General > I00 - General |
Item ID: | 40935 |
Depositing User: | Roland Craigwell |
Date Deposited: | 29 Aug 2012 04:29 |
Last Modified: | 26 Sep 2019 15:31 |
References: | Anand, S. and Ravallion, R. (1993), “Human development in poor countries: on the role of private incomes and public services”, The Journal of Economic Perspectives, Vol. 7, pp. 133-50. Baldacci, E., Guin-Siu Maria, T. and De Mello, L. (2003), “More on the effectiveness of public spending on health care and education: a covariance structure model”, Journal of International Development, Vol. 15, pp. 709-25. Barro, R. and Lee, J. (1997), “Schooling quality in a cross section of countries”, National Bureau of Economic Research Working Paper. Berger, M. and Leigh, J. (1989), “Schooling, self-selection and health”, Journal of Human Resources, Vol. 24 No. 3, pp. 433-55. Caribbean Development Bank (2010), Biennial Social Development Report, Caribbean Development Bank, St Michael. Carrin, G. and Politi, C. (1995), “Exploring the health impact of economic growth, poverty reduction and public health expenditure”, Tijdshrift voor Economie en Management, Vol. 40 Nos 3/4, pp. 227-46. IJDI 11,1 14 Dickey, D.A. and Fuller, W.A. (1979), “Distribution of the estimators for autoregressive time series with a unit root”, Journal of the American Statistical Association, Vol. 74 No. 366, pp. 427-31. de Mello, L. and Pisu, M. (2009), “The effectiveness of education and health spending among Brazilian municipalities”, OECD Economics Department Working Papers, No. 712. Greenidge, K. and Stanford, S. (2007), “What are the determinants of the health status in Latin America and the Caribbean”, Central Bank of Barbados Working Papers, pp. 22-36. Griffith, J. (2001), “The rates of return to education in Barbados”, Central Bank of Barbados Working Paper, pp. 153-69. Grossman, M. (1972), The Demand for Health: A Theoretical and Empirical Investigation, Columbia University Press for the National Bureau of Economic Research, New York, NY. Gupta, S., Clements, B. and Inchauste, G. (Eds) (2004), Helping Countries Develop: The Role of Fiscal Policy, International Monetary Fund, Washington, DC. Gupta, S., Verhoeven, M. and Tiongson, E. (2002), “The effectiveness of government spending on education and health care in developing and transition economies”, European Journal of Political Economy, Vol. 18 No. 4, pp. 717-37. Im, K., Pesaran, M. and Shin, Y. (2003), “Testing for unit roots in heterogeneous panels”, Journal of Econometrics, Vol. 115, pp. 53-74. Judson, R. (1998), “Economic growth and investment in education: how allocation matters”, Journal of Economic Growth, Vol. 3 No. 4, pp. 337-59. Levin, A., Lin, C.F. and Chu, C.S.J. (2002), “Unit root tests in panel data: asymptotic and finite sample properties”, Journal of Econometrics, Vol. 124, pp. 1-24. McEwan, P.J. (1999), “Private costs and the rate of return to primary education”, Applied Economic Letters, Vol. 6 No. 11, pp. 759-60. Mehrotra, S. (1998), “Education for all: policy lessons from high-achieving countries”, International Review of Education, Vol. 44 Nos 5/6, pp. 461-84. Mingat, A. and Tan, J. (1992), “Education in Asia: a comparative study of cost and financing”, World Bank Working Papers. Mingat, A. and Tan, J. (1998), “The mechanics of progress in education: evidence from cross-country data”, World Bank Policy Research, pp. 1-45. Moore, W. (2006), “A graduate in every household: the potential impact of a rise in the number of university graduates on output in Barbados”, Journal of Eastern Caribbean Studies, Vol. 31 No. 3, pp. 27-38. Phillips, P. and Perron, P. (1988), “Testing for a unit root test in time series regression”, Biometrika, Vol. 75 No. 2, pp. 335-46. Plank, D. (1987), “The expansion of education: a Brazilian case study”, Comparative Education Review, Vol. 31, pp. 361-76. Pradhan, S. (1996), “Evaluating public spending: a framework for public expenditure reviews”, World Bank Discussion Paper No. 323. Psacharopoulos, G. (1981), “Returns to education: an updated international comparison”, Comparative Education, Vol. 17 No. 3, pp. 321-41. Psacharopoulos, G. and Patrinos, H.A. (2002), “Returns to investment in education: a further update”, World Bank Policy Research Working Paper, pp. 1-28. Rajkumar, A.S. and Swaroop, V. (2007), “Public spending and outcomes: does governance matter?”, Journal of Development Economics, Vol. 86, pp. 96-111. Education and health care in the Caribbean 15 Sahn, D. and Bernier, R. (1993), “Evidence from Africa on the intrasectoral allocation of social sector expenditures”, Cornell Food and Nutritional Policy Program Working Paper. Schultz, T.P. (1993), “Investments in the schooling and health of women and men: quantities and returns”, The Journal of Human Resources, Vol. 28 No. 4, pp. 694-734. Schultz, T.W. (1961), “Investment in human capital”, The American Economic Review, Vol. 51 No. 1, pp. 1-17. Swaroop, V. (1996), “The public sector in the Caribbean: issues and reform options”, World Bank Policy Research Working Paper, pp. 1-25. Thornton, J. (2002), “Estimating a health production function for the US: some new evidence”, Applied Economics, Vol. 34, pp. 59-62. WHO (2011), World Health Organisation, available at: www.who.int/en/ (accessed July 20). (The) World Bank (2011a), The World Bank Group, The World Bank, Washington, DC, January 1, available at: www.worldbank.org/ (accessed June 21). (The) World Bank (2011b), The World Bank Group, The World Bank, Washington, DC, January 1, available at: www.data.worldbank.org/data-catalog/world-development-indicators; http://data.worldbank.org/indicator (accessed June 21). Further reading Behrman, J. and Deolalikar, A. (1988), “Health and nutrition”, Hand-book of Development Economics, Elsevier, Amsterdam. Carnoy, M. and Torres, C. (1994), “Educational change and structural adjustment: a case study of Costa Rica”, Coping with Crisis: Austerity, Adjustment, and Human Resources, ILO-UNESCO, Paris. Hojman, D. (1996), “Economic and other determinants of infant and child mortality in small developing countries: the case of Central America and the Caribbean”, Applied Economics, Vol. 28 No. 3, pp. 281-90. Hummel-Rossi, B. and Jane, A. (2002), “The state of cost-benefit and cost-effectiveness analyses in education”, American Educational Research Association, Vol. 72 No. 1, pp. 1-30. Jacoby, W.G. (1994), “Public attitudes toward government spending”, American Journal of Political Science, Vol. 38 No. 2, pp. 336-61. Mehrotra, S., Vandermoortele, J. and Delamonica, E. (1998), “Reallocating public spending for basic social services in developing countries”, Economic and Political Weekly, July, pp. 1717-24. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/40935 |