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Book Cover
Author Dabla-Norris, Era.

Title Composition of government expenditures and demand for education in Developing countries / Era Dabla-Norris and John M. Matovu
Published [Washington, D.C.] : International Monetary Fund, [2002]
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Description 1 online resource (46 pages) : illustrations
Series IMF working paper ; WP/02/78
IMF working paper ; WP/02/78
Summary This paper addresses the potential effects on human capital accumulation and economic growth of the alternative compositions of public expenditures in the context of a computable dynamic general equilibrium model of overlapping generations and heterogeneous agents in which altruistic parents make schooling decisions for their children. In the presence of fixed and variable costs for different levels of schooling, we show that reducing household costs of primary education has the largest positive impact on growth and poverty reduction in the short run. Moreover, an increase in higher education spending increases long-run growth. These effects can be substantial even when increasing education spending comes at the expense of public infrastructure investment
Bibliography Includes bibliographical references (pages 45-46)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Economic development -- Developing countries -- Effect of fiscal policy on -- Econometric models
Education, Primary -- Developing countries -- Finance -- Econometric models.
Expenditures, Public -- Econometric models.
Human capital -- Developing countries -- Econometric models.
Poverty -- Developing countries -- Effect of education on -- Econometric models
Form Electronic book
Author Matovu, John M
IMF Institute.
International Monetary Fund.
ISBN 1281240214