Does government expenditure in education cause economic growth: ASEAN-5 perspective
Debates on linkages between education expenditure and economic growth have gained attention from economists, especially based on Wagner Law. Education expenditure is listed as a government public expenditure with the highest accumulation in yearly budget for ASEAN-5, which includes Malaysia, Indones...
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| Format: | Article |
| Language: | English |
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IGI Publishing
2020
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| Online Access: | http://psasir.upm.edu.my/id/eprint/88510/ http://psasir.upm.edu.my/id/eprint/88510/1/ABSTRACT.pdf |
| _version_ | 1848860634259652608 |
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| author | Taasim, Shairil Izwan |
| author_facet | Taasim, Shairil Izwan |
| author_sort | Taasim, Shairil Izwan |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Debates on linkages between education expenditure and economic growth have gained attention from economists, especially based on Wagner Law. Education expenditure is listed as a government public expenditure with the highest accumulation in yearly budget for ASEAN-5, which includes Malaysia, Indonesia, the Philippines, Singapore and Thailand. This empirical study aimed to examine the relation between education expenditure and economic growth in ASEAN-5 over the 2000-2018 periods. To achieve the objective, it was more appropriate to examine the estimation model was. With regard to the fixed effects model, there was no relation between education expenditure and economic growth. Furthermore, the analysis has proved that labour force and capital accumulation were important variables which influence economic growth. |
| first_indexed | 2025-11-15T12:48:21Z |
| format | Article |
| id | upm-88510 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T12:48:21Z |
| publishDate | 2020 |
| publisher | IGI Publishing |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-885102021-12-27T03:10:11Z http://psasir.upm.edu.my/id/eprint/88510/ Does government expenditure in education cause economic growth: ASEAN-5 perspective Taasim, Shairil Izwan Debates on linkages between education expenditure and economic growth have gained attention from economists, especially based on Wagner Law. Education expenditure is listed as a government public expenditure with the highest accumulation in yearly budget for ASEAN-5, which includes Malaysia, Indonesia, the Philippines, Singapore and Thailand. This empirical study aimed to examine the relation between education expenditure and economic growth in ASEAN-5 over the 2000-2018 periods. To achieve the objective, it was more appropriate to examine the estimation model was. With regard to the fixed effects model, there was no relation between education expenditure and economic growth. Furthermore, the analysis has proved that labour force and capital accumulation were important variables which influence economic growth. IGI Publishing 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/88510/1/ABSTRACT.pdf Taasim, Shairil Izwan (2020) Does government expenditure in education cause economic growth: ASEAN-5 perspective. International Journal of Human and Technology Interaction, 4 (1). 95 - 100. ISSN 2590-3551; ESSN: 2600-8122 https://journal.utem.edu.my/index.php/ijhati/article/view/5765/0 |
| spellingShingle | Taasim, Shairil Izwan Does government expenditure in education cause economic growth: ASEAN-5 perspective |
| title | Does government expenditure in education cause economic growth: ASEAN-5 perspective |
| title_full | Does government expenditure in education cause economic growth: ASEAN-5 perspective |
| title_fullStr | Does government expenditure in education cause economic growth: ASEAN-5 perspective |
| title_full_unstemmed | Does government expenditure in education cause economic growth: ASEAN-5 perspective |
| title_short | Does government expenditure in education cause economic growth: ASEAN-5 perspective |
| title_sort | does government expenditure in education cause economic growth: asean-5 perspective |
| url | http://psasir.upm.edu.my/id/eprint/88510/ http://psasir.upm.edu.my/id/eprint/88510/ http://psasir.upm.edu.my/id/eprint/88510/1/ABSTRACT.pdf |