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Public sector educational expenditure and economic growth nexus: An autoregressive distributed lag approach and strategic implication

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Analysis shows positive long-term effects of public educational expenditure on economic growth, indicating the need for improved funding.

Economic growth is positively influenced by public educational spending over the long term.
The analysis using the autoregressive distributed lag model confirms a significant relationship between educational expenditure and growth.
Additional factors, like fiscal space and economic crises, also play a role in affecting economic growth.
Most variables, aside from gross fixed capital formation, impact economic growth in the short term.

Abel et al. (2025) studied this question.

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