Abstract

The former communist states experienced a period of turbulence in the transition to the market economy and then the accession to the EU, turbulences that also influenced the education sector. This article aims to analyze the impact of public spending on education on economic growth in 11 former communist Eastern European states, current EU members. The methodology used is ARDL with structural break. The results are consistent with those previously obtained The public education expenditure-economic growth relationship is mixed on long term; for five countries, there is no such thing; for six countries, there is one on a long term. On a short term, also, mixed results manifest for four countries are positive, and for two negative.

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.