Abstract
This paper analyzes the distribution’s effects of public spending on education (PSE) on economic growth in Cameroon. Government spend around 3.5 and 5 times respectively for children of secondary and higher education than primary level and the opportunity cost represents 5.5% of GDP in Cameroon at 2010. PSE are progressive at the level of primary education and regressive in the upper levels. We appreciated the effect of this distribution on growth over the period 1982-2012. Our results reveal that the still high level of inequality in public spending on education leads to negative rates of growth. While the primary school level acts negatively on growth, we find that PSE at high level have positive effects. The combination of various effects of PSE weakens the accumulation of human capital essential in promoting growth. Keywords : Public spending on education (PSE), Education costs, Redistributive effect, Growth. Jel Classification : D63, H52, I22, O55. DOI: 10.7176/JEP/12-2-04 Publication date: January 31 st 2021
Highlights
Ensure social justice by the improvement of a better distribution of human capital
By cons, regarding the distribution of public spending on education (PSE) (IGD), the effect is positive on growth
PSE are qualitatively and quantitatively efficient, we estimated by the VECM model, the effect of their distribution by level of education on the growth rate of the economy of Cameroon
Summary
Ensure social justice by the improvement of a better distribution of human capital. This is the main argument behind public intervention in the education sector in most developing countries (DC). A recent economic literature has focused on the distribution of human capital investment to support sustainable economic growth [Driskill and al (2007), Blankenau and Abington (2013), Su (2004), Arcalean and Schiopu (2008), Ben Mimoun (2007)...]. This literature demonstrates explicitly that excessive emphasis placed by several countries in Latin America or sub-Saharan Africa on higher education to the detriment of primary and secondary education could strengthen the adverse effects of high inequality and the financial constraint on investment in post-primary teaching in these countries. Such a political choice and helps to explain why these countries have weakest enrollment rates in the graduate level as OECD countries, or even South-East Asia where the organization of education has made on much less elitist principles
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
