Public Education Spending and GDP in China: Granger Causality Tests Using Toda-Yamamoto Technique
Available Online August 2016.
- https://doi.org/10.2991/icassr-15.2016.58How to use a DOI?
- Fiscal budget expenditure, education, economic growth, Granger causality, Toda-Yamamoto test
- 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
- 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 -