Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam

Expenditure on education helps in improving the skill formation and raises the ability of individuals to produce and work. It is said to be an investment in human capital which is closely connected with the economic development. Government education spending is of great importance to national develo...

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Main Authors: Abdul Jabbar, Najumunisha, Selvaratnam, Doris Padmini
Format: Article
Language:English
Published: Faculty of Business and Management, Universiti Teknologi MARA, Puncak Alam Campus 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/18983/
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author Abdul Jabbar, Najumunisha
Selvaratnam, Doris Padmini
author_facet Abdul Jabbar, Najumunisha
Selvaratnam, Doris Padmini
author_sort Abdul Jabbar, Najumunisha
building UiTM Institutional Repository
collection Online Access
description Expenditure on education helps in improving the skill formation and raises the ability of individuals to produce and work. It is said to be an investment in human capital which is closely connected with the economic development. Government education spending is of great importance to national development and plays a prime role in assisting growth and knowledge deepening. The aim of this study is to build on the established theories of public policy analysis on education and to empirically investigate and analyze the determinants of public expenditure on education in Malaysia. For the occasion of this study, it is posited that education expenditure is determined by multidimensional determinants. A number of theories are therefore incorporated regarding economic-demographics and political concept which have been used in the study. The results reveal that the education policy in Malaysia is mainly determined by budget deficit and the revenue collected by the government with a significant coefficient variables of -0.22and 0.15 percent respectively. Besides, unemployment has an inverse but insignificant impact on total educational expenditures. These results imply that the Malaysian government mainly takes into account only certain factors and neglect to incorporate the importance of other factors, such as demographic and educational indicators, when allocating education expenditures. Whereas Malaysian government education expenditure doesn’t focus on the political factor which is well described by the insignificant level of 0.80 percent of the dummy election cycle variable.
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spelling uitm-189832019-04-16T04:24:19Z https://ir.uitm.edu.my/id/eprint/18983/ Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam jibe Abdul Jabbar, Najumunisha Selvaratnam, Doris Padmini Malaysia Expenditure on education helps in improving the skill formation and raises the ability of individuals to produce and work. It is said to be an investment in human capital which is closely connected with the economic development. Government education spending is of great importance to national development and plays a prime role in assisting growth and knowledge deepening. The aim of this study is to build on the established theories of public policy analysis on education and to empirically investigate and analyze the determinants of public expenditure on education in Malaysia. For the occasion of this study, it is posited that education expenditure is determined by multidimensional determinants. A number of theories are therefore incorporated regarding economic-demographics and political concept which have been used in the study. The results reveal that the education policy in Malaysia is mainly determined by budget deficit and the revenue collected by the government with a significant coefficient variables of -0.22and 0.15 percent respectively. Besides, unemployment has an inverse but insignificant impact on total educational expenditures. These results imply that the Malaysian government mainly takes into account only certain factors and neglect to incorporate the importance of other factors, such as demographic and educational indicators, when allocating education expenditures. Whereas Malaysian government education expenditure doesn’t focus on the political factor which is well described by the insignificant level of 0.80 percent of the dummy election cycle variable. Faculty of Business and Management, Universiti Teknologi MARA, Puncak Alam Campus 2017-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/18983/1/AJ_NAJUMUNISHA%20ABDUL%20JABBAR%20JIBE%20B%2017.pdf Abdul Jabbar, Najumunisha and Selvaratnam, Doris Padmini (2017) Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam. (2017) Journal of International Business, Economics and Entrepreneurship (JIBE) <https://ir.uitm.edu.my/view/publication/Journal_of_International_Business,_Economics_and_Entrepreneurship_=28JIBE=29.html>, 2 (1). pp. 1-10. ISSN 2550-1429 https://jibe.uitm.edu.my/
spellingShingle Malaysia
Abdul Jabbar, Najumunisha
Selvaratnam, Doris Padmini
Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam
title Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam
title_full Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam
title_fullStr Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam
title_full_unstemmed Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam
title_short Analysis of the determinants of education expenditures in Malaysia / Najumunisha Abdul Jabbar & Doris Padmini Selvaratnam
title_sort analysis of the determinants of education expenditures in malaysia / najumunisha abdul jabbar & doris padmini selvaratnam
topic Malaysia
url https://ir.uitm.edu.my/id/eprint/18983/
https://ir.uitm.edu.my/id/eprint/18983/