Public Education Spending and GDP in China: Granger Causality Tests Using Toda-Yamamoto Technique

DOI

10.2991/icassr-15.2016.58How to use a DOI?

Keywords

Fiscal budget expenditure, education, economic growth, Granger causality, Toda-Yamamoto test

Abstract

The quantity of national fiscal budget expenditure on education in China has expanded over the past decade. The paper aims to investigate whether GDP may be a significant cause of public education spending. Three series covered the period from 1991-2011. The paper utilized an unconventional Granger causality test in order to deal with the integrated properties of data. Both GDP and CPI Granger caused the share of public education spending to GDP. GDP expansion has contributed significantly to public education spending at least in the short term

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Gao-lu Zou
PY  - 2016/08
DA  - 2016/08
TI  - Public Education Spending and GDP in China: Granger Causality Tests Using Toda-Yamamoto Technique
BT  - Proceedings of the 3d International Conference on Applied Social Science Research
PB  - Atlantis Press
SP  - 201
EP  - 202
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.58
DO  - 10.2991/icassr-15.2016.58
ID  - Zou2016/08
ER  -