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A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies

Applied Economics and Finance

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Title A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies
 
Creator Grigoli, Francesco
 
Description The measurement of the efficiency of public education expenditure using parametric and non-parametric methods has proven challenging. This paper seeks to overcome the difficulties of earlier studies by using a hybrid approach to measure the efficiency of secondary education spending in emerging and developing economies. The approach accounts for the impact of the level of development on education outcomes by constructing different efficiency frontiers for lower- and higher-income economies. We find evidence of large potential gains in enrollment rates by improving efficiency. These are largest in lower-income economies, especially in Africa. Reallocating expenditure to reduce student-to-teacher ratios and improving the quality of institutions could help improve the efficiency of education spending.  Easing the access to education facilities and reducing income inequality could also help improve efficiency.
 
Publisher Redfame Publishing
 
Contributor
 
Date 2014-12-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://redfame.com/journal/index.php/aef/article/view/609
10.11114/aef.v2i1.609
 
Source Applied Economics and Finance; Vol 2, No 1 (2015); 19-32
2332-7308
2332-7294
 
Language eng
 
Relation http://redfame.com/journal/index.php/aef/article/view/609/541