Influence of Fiscal Education Expenditure on China’s Economic Growth

New Evidence Using Quantile-on-Quantile Regression Approach

DOI

10.2991/aebmr.k.220405.346How to use a DOI?

Keywords

Fiscal education Expenditure; Economic Growth; Quantile-on-Quantile; Quantile regression

Abstract

This article applied the novel quantile-on-quantile regression model (QQ) to reconsider the impact of fiscal education expenditure on China’s economic growth. It focuses on a sample of 510 consisting of 51 first- and second-tier cities of China from 2010 to 2019. The empirical results are as follows: The estimated results of the fiscal education expenditure (EDU) on China’s economic growth (GDP_pc) are fluctuated across quantiles, instead of being depicted as a plane area. A drastically sharp decrease appears in the combination of quantiles of EDU (0.25-0.5) and quantiles of GDP_pc (0.75-0.9), and, surprisingly, an increase shows up in the area of the quantiles-of-EDU range from 0.5 to 0.75, and the quantiles of GDP_pc range from 0.25 to 0.5, as well as in the range from 0.5 to 0.75.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Yan-Bei Chen
AU  - Zhen-Ting Gong
AU  - Yung-Lieh Yang
PY  - 2022
DA  - 2022/04/29
TI  - Influence of Fiscal Education Expenditure on China’s Economic Growth
BT  - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
PB  - Atlantis Press
SP  - 2064
EP  - 2069
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220405.346
DO  - 10.2991/aebmr.k.220405.346
ID  - Chen2022
ER  -