Original scientific paper
https://doi.org/10.1080/1331677X.2022.2086147
The impact of public education spending on economic growth in Central and Eastern Europe. An ARDL approach with structural break
Alina Cristina Coman (Nuţă)
Dan Lupu
Florian Marcel Nuţă
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.
Keywords
Public spending on education; economic growth; ARDL approach
Hrčak ID:
303785
URI
Publication date:
31.3.2023.
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