Demographic changes and education expenditures: A reinterpretation

Kurban, Haydar; Gallagher, Ryan M.; Persky, Joseph

doi:10.1016/j.econedurev.2015.01.001

Cited by 9 publications

(10 citation statements)

References 5 publications

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“…A number of studies the regularities of demographic changes are connected with processes of human capital progress and accumulation (Han & Lee, 2020;Fertig et al, 2009), development of educational system and standard of knowledge (Kurban et al, 2015).…”

Section: Previous Researchmentioning

confidence: 99%

Evaluation of Demographic Component of Countries’ Economic Security

Hrybinenko

Bulatova

Zakharova

2020

Business, Management and Education

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Purpose – The article is aimed at evaluation of the patterns of demographic processes development in terms of their impact on shaping the level of countries’ economic security. Research methodology – The study is based on a multidimensional estimation technique, which proposes the development of an integral indicator of the demographic component of countries’ economic security. Stochastic research methods, in particular the t-test method, were used to identify and justify different hazard zones. Findings – On the basis of the formed sample of the countries, the integral indices of the level of the demographic component of countries’ economic security for the period of 2000–2018 were calculated. The thresholds of demographic security indicators were identified and reasoned; the countries’ security risks by demographic indicators were assessed; systematisation of countries according to the level of the demographic component of security was provided. Research limitations – It is proposed to include ten indicators in the structure of the index of the demographic component of economic security; these indicators characterise different aspects of the demographic processes development. However, this is not a complete list of possible valuation indicators. This determines the necessity of further studies in terms of justifying the advisability of including various parameters and assessing the degree of their importance in the structure of the demographic security index. Practical implications – The practical value of the results of the comprehensive analysis of the demographic processes development in the system of ensuring countries’ economic security is the possibility of identifying real or potential threats to the sustainable social and economic development of countries and regions of the world. Originality/Value – The authors’ improved methodology for assessing the level of economic security based on the demographic component consideration, taking into account the system of proposed indices, allows to assess the level of security, to monitor its changes and to identify factors that pose risks not only for one country but also for groups of countries both in regional dimension and in terms of the level of their development.

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Section: Previous Researchmentioning

confidence: 99%

Evaluation of Demographic Component of Countries’ Economic Security

Hrybinenko

Bulatova

Zakharova

2020

Business, Management and Education

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“…Later he argued that this education expenditure relies on local fiscal capacity. Kurban, Gallagher, and Persky (2015) showed that the dynamic of population-cohort affects the needs and priorities of education. Denzau (1975) has surveyed the large volume of literature and suggested that fiscal grants often have a significant positive contribution to education expenditure albeit it does not directly address the needs of education.…”

Section: Literature Reviewmentioning

confidence: 99%

Formula-Based Approach in Allocation of Specific Allocation Grants for Infrastructure (DAK Fisik): Case of Education Provision

Chalil

Roudo²

2020

jpp

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The paper presents the top-down (formula-based) approach in the allocation of specific purpose grants for infrastructure (DAK Fisik) in education by considering the specific needs related to the infrastructure in education. First, we estimate the needs of education infrastructure by calculating the gap between the current condition of infrastructures and the minimum required infrastructures in education. Then, we translate the needs into necessary costs for education per region. After that, we simulate financial scenarios for the necessary costs using specific allocation grants in hierarchical, temporal, and regional dimensions. We also consider the local fiscal capacity and indicators for the achievement of local governments in education for the distribution of DAK Fisik for FY2021 and onward. Finally, we provide the potential implications of using the formula-based approach as a topdown planning and budgeting tool for DAK Fisik.

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“…Third, unlike its static assumption, the willingness to pay for housing services will not be uniform across households. For example, wealthier households are thought to consume more local amenities (Brueckner et al, 1999), and hence this will lead to an income elasticity of home value greater than unity (Kurban et al, 2015). In summary, these critics commonly suggest that heterogeneity across households needs to be deliberately addressed in order to clarify economic drivers that determine the level of housing expenditures by households.…”

Section: Serial Tenure and Portfolio Choice And Credit Constraintsmentioning

confidence: 99%

Dissonance between formal and informal housing capital: The case of Korea

Kim

2018

Environ Plan A

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This study develops a new way to analyze the evolving dynamics of wealth concentration in the Global South, where indigenous norms and institutions play a crucial role in accumulating wealth. The study particularly focuses on the unique development of the Korean housing finance system: its development path can be characterized as the history of challenges, which refer to forces that have hindered the accumulation of wealth, and responses, which refer to counteractions that seek alternative modes of wealth accumulation. On the basis of such structural dissonance, this study situates how the reconstitution of housing capital discriminatorily reconstructs households’ resilience against economic and social insecurity to maintain and/or pursue homeownership. These findings explicitly contradict contemporary theories of financial intermediation that financial market reform that accompanies new products and services, lower interest rates, and greater liquidity substantially motivates households to purchase real estate. Rather, financial globalization increases inequalities in wealth that are set in motion through the tension between formal and informal housing capital by creating junctions that transfer risk and uncertainty in the financial market onto individuals.

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Demographic changes and education expenditures: A reinterpretation

Cited by 9 publications

References 5 publications

Evaluation of Demographic Component of Countries’ Economic Security

Evaluation of Demographic Component of Countries’ Economic Security

Formula-Based Approach in Allocation of Specific Allocation Grants for Infrastructure (DAK Fisik): Case of Education Provision

Dissonance between formal and informal housing capital: The case of Korea

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