Proceedings of the 3d International Conference on Applied Social Science Research

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

Authors
Gao-lu Zou
Corresponding Author
Gao-lu Zou
Available Online August 2016.
DOI
https://doi.org/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
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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/icassr-15.2016.58How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - 3d International Conference on Applied Social Science Research (ICASSR 2015)
PB  - Atlantis Press
SP  - 201
EP  - 202
SN  - 1951-6851
UR  - https://doi.org/10.2991/icassr-15.2016.58
DO  - https://doi.org/10.2991/icassr-15.2016.58
ID  - Zou2016/08
ER  -