ARTÍCULO
TITULO

THE NEXUS BETWEEN PUBLIC SPENDING ON EDUCATION AND ECONOMIC GROWTH OF KOSOVO ? ECONOMETRIC APPROACH

Besime Ziberi    
Mimoza Hodaj    

Resumen

The main aim of this study is to analyze the trend of public spending dedicated to education in case of Kosovo over the years and to measure the impact of public spending in education on economic growth of Kosovo. In order to achieve the goal, the Pearson Correlation is used and a multifactorial regression model (OLS) has been modified and adapted, where we have determined the Gross Domestic Product (GDP) as depended variable and as independent variable in the model conclude: (i) Total public expenditure on education (ii) Public expenditure on Secondary Education and (iii) Public expenditure on Higher Education (University). The data used is secondary data from the Kosovo?s State Budget, Ministry of Finance and Transfers, and Kosovo Agency of Statistics. We come in conclusion that public spending dedicated to the Higher Education (University) has a positive impact on Kosovo's economic growth meanwhile the public spending on secondary education and total public expenditure on education in the model circumstances show no significance. The paper comes with further recommendations on public spending policies dedicated to education in order to influence Kosovo's economic growth.

 Artículos similares

       
 
Ad van Riet     Pág. Finance an - 57
European financial regulation consistently gives governments privileged access to private investors, reflecting the anchor role assigned to sovereign securities as safe and liquid assets for the financial system. Legislative reforms after the financial c... ver más

 
David Dyason    
AbstractOrientation: Large-scale events such as disasters, wars and pandemics disrupt the economy by diverging resource allocation, which could alter employment growth within the economy during recovery.Research purpose: The literature on the disaster?ec... ver más

 
Tahmina Akhter and Mohammad Enamul Hoque    
This study aims to examine the determinants of investors? behavioral intentions to participate in the stock market. In this attempt, this research investigated the direct and moderating effects of the financial cognitive abilities and the financial consi... ver más

 
Mercy T Musakwa,P. Vacu,N. Odhiambo    
In this study, the causal relationship between disaggregated imports and economic growth is investigated in South Africa. The study was motivated by the need to establish how South Africa can achieve the growth trajectory that is much needed by the count... ver más

 
Jamel Boukhatem     Pág. 142 - 145
Due to its distinctive features and investment quality, sukuk as an Islamic alternative to bond financing, have known last decades a worldwide interest and a rapid widespread, particularly after the 2007-2008 global financial crisis. Despite the global m... ver más