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Badibanga, Thaddee Mutumba. |
Since the abolition of its Apartheid regime in 1994, South Africa has launched a massive program of education, which has been financed through resources representing on average 21% of the national budget or 7% of GDP. Today, the GDP share of public spending on education is 1.3 times the average of industrialized countries (5.4%) and almost twice that of developing countries (3.9%). In this paper, we simulate fiscal policy experiments to analyze the growth and welfare effects of a shift in the allocation of government expenditures between public spending on education and transfers as well as those of a change in the tax rate in a model of endogenous growth with human capital accumulation for the South African economy. The results of simulations demonstrate... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Fiscal Policy; Government Expenditures and Education; Growth Model; International Development; Labor and Human Capital; E62; H52; O41. |
Ano: 2008 |
URL: http://purl.umn.edu/6431 |
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Afonso, Antonio; St. Aubyn, Miguel. |
We address the efficiency in education and health sectors for a sample of OECD countries by applying two alternative non-parametric methodologies: FDH and DEA. Those are two areas where public expenditure is of great importance so that findings have strong implications in what concerns public sector efficiency. When estimating the efficiency frontier we focus on measures of quantity inputs. We believe this approach to be advantageous since a country may well be efficient from a technical point of view but appear as inefficient if the inputs it uses are expensive. Efficient outcomes across sectors and analytical methods seem to cluster around a small number of core countries, even if for different reasons: Japan, Korea and Sweden. |
Tipo: Journal Article |
Palavras-chave: Education; Health; Expenditure efficiency; Production possibility frontier; FDH; DEA; C14; H51; H52; I18; I21; I28. |
Ano: 2005 |
URL: http://purl.umn.edu/37107 |
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