What Determines Public Education Expenditures in a Transition Economy?

Inna Verbina and Abdur Chowdhury ()

No DP2002-60, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Recent studies suggest that the allocation of expenditures in education matters for growth. Public education spending in many transition economies, however, is often inefficient and inequitable with education outlays misallocated across sectors. This highlights the need for an assessment of the nature of education expenditures in these countries. This paper attempts to fill the gap in the literature by estimating the determinants of education expenditures in the Russian Federation.

Keywords: Education; Public expenditures; Institutional economics; Rate of return (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (1)

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