Abstract

This article selects 22 years of data from 1998 to 2019 in my country to conduct stability test, co-integration test, Granger causality test and error correction model analysis on fiscal education expenditure, economic growth, and fixed asset investment. The relationship between my country's fiscal education expenditure and economic growth. The results found that there is a long-term equilibrium relationship between fiscal education expenditure, economic growth and fixed asset investment. Economic growth and fixed asset investment growth are the Granger reasons for the changes in fiscal education expenditure. The impact of economic growth on fiscal education expenditure has a higher contribution rate in the later period. Although financial education expenditure can promote economic growth, its impact on economic growth is lagging behind.

Full Text
Paper version not known

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 call

Disclaimer: 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.