The Impact of Education on Economic Growth: The Case of India

Kotásková, Sylvie Kobzev; Procházka, Petr; Smutka, Ĺuboš; Maitah, Mansoor; Kuzmenko, Elena; Kopecká, Markéta; Hönig, Vladimír

doi:10.11118/actaun201866010253

Cited by 43 publications

(31 citation statements)

References 20 publications

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“…The study reveals a positive influence of government expenditure on economic growth in most of the selected countries under the study. Çetintaş and Bağdigen [27] [29] introduced a unique insight along with contemporary evidence about the relationship between education and economic growth in India from 1975 to 2016 by focusing on primary, secondary and tertiary levels of education. The findings of the work show that there is compelling evidence proving a positive connection between education levels and economic growth in India which might influence governmental actions and shape the future of India.…”

Section: Literature Reviewmentioning

confidence: 99%

Nigeria Government’s Expenditure on Economic and Social Service Development: A Canonical Correlation Analysis Approach

Akano

Adams

2019

ACRI

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The study examine the effect of Government’s expenditure on economic and social services development in Nigeria over the period of 1961 to 2018. The study used Canonical Correlation Analysis, the test carried out include; Structure Vector for Economic and social Service and Redundancy Index. The result reveals that strong positive relationship exists between national recurrent expenditure and economic service and Social service. The study also discover that Nigeria Government placed more emphasis on other economic services like; Oil and gas, trade, infrastructure and manufacturing, followed by Transport and Communication, Construction, and Agriculture being the least. In the case of the Social service, it was discovered that Nigeria Government placed more emphasis on other social services like; food subsidies, police, fire services, housing, community management, policy research, information and labour, followed by Health, and Education being the least. Based on the findings, the study recommends that, all tiers of government and policy makers should implement policies that will aid improvement in Transportation and Communication, Construction, Agriculture, Health and Education.

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Section: Literature Reviewmentioning

confidence: 99%

Nigeria Government’s Expenditure on Economic and Social Service Development: A Canonical Correlation Analysis Approach

Akano

Adams

2019

ACRI

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“…It is believed that education is a poverty alleviation tool, however, Omodero (2019) study on the effect of government sectoral expenditure on poverty lessening in Nigeria, found evidence that government expenses on education and other major economic sectors did not have material influence on poverty reduction agenda. Kotaskova et al (2018) examined the relationship between education and economic growth in India from1975 to 2016 using Granger Causality and Co-integration methods. The study concentrated in primary, secondary and tertiary levels of education and found the existence of a positive link between different levels of education and economic growth in India.…”

Section: Empirical Reviewmentioning

confidence: 99%

“…It is observed that a higher importance attached to training, lead to its greater impact on a nation's fiscal progress (Kotaskova, Prochazka, Smutka, Maitah, Kuzmenko, Kopecka & Honig, 2018). Education is regarded as exceptionally substantial constituent of economic expansion (Ali & Jabeen, 2015).…”

Section: Introductionmentioning

confidence: 99%

Higher Education and Economic Growth of Nigeria: Evidence from Co-integration and Granger Causality Examination

Omodero¹,

Nwangwa²

2020

IJHE

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This study investigates the level of co-integration between education and economic growth in Nigeria and the causality effect of education on economic growth. The study employs secondary form of data spanning from 2000 to 2018 and are sourced from UNESCO, World Bank and CBN statistical bulletin. The data are collected on GDP, education expenditure and gross enrolment ratio of higher education for the period under review. The study uses Johansen co-integration and Granger causality tests for analysis and the findings show that education and economic growth in Nigeria have a long term co-integration while Granger causality test reveals that education and gross enrolment ratio of higher education are not affecting economic progress and the GDP is not influencing both of them too. The implication is that if Nigeria’s educational system continues the way it is presently, it will remain a long term problem and will continue to negatively affect economic growth. Other countries will be benefiting from modern technologies through improvement on their educational system, but Nigeria may not be at the same pace if immediate policy changes in favor of education are not embraced. Thus, the study suggests major improvement on government’s annual budgets for education in order to decrease the population of out-of-school children and increase the stock of skilled human capital in the country.

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“…Human resources quality has a critical role in a country. The quality of human resources is proven to affect a country (Kotásková, et al, 2018). Countries with good quality human resources tend to have the right level of the economy, and vice versa, countries with lowquality human resources tend to have a lower economic level.…”

Section: Introductionmentioning

confidence: 99%

Contribution of Principal Supervision, Principal Leadership, and Work Motivation on Performance of Private Vocational High Schools Teachers in Tanah Bumbu Regency

2020

JK6EM

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The success of schools in producing quality graduates cannot be separated from the performance of the teachers. Thus, variables that can support teacher performance need to be identified to make it easier for policymakers to prepare activities or programs to improve teacher performance. Theoretically, various variables are assumed to have a relationship with teacher performance. To see whether this variable is proven to have a significant effect, an empirical test is necessary. This study analyzes several variables theoretically believed to have a relationship with the performance of teachers. Those variables include the principal's supervision, the school principal's leadership, and work motivation on the performance of Private Vocational High School teachers in Tanah Bumbu Regency. This research uses a descriptive quantitative method. A sample of 67 people was selected from 207 teachers. The data were collected using a valid and reliable questionnaire and analyzed using Path Analysis. The results showed that: (1) A direct contribution between the supervision of the principal, leadership, work motivation, and teacher performance (2) There is a contribution of principal supervision and work motivation to the performance of Private Vocational High School teachers in Tanah Bumbu Regency (3) There are a principal contribution leadership and work motivation on the performance of Private Vocational High Schools teachers in Tanah Bumbu Regency. The results obtained vary in terms of the contribution and significance of all the variables studied.

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The Impact of Education on Economic Growth: The Case of India

Cited by 43 publications

References 20 publications

Nigeria Government’s Expenditure on Economic and Social Service Development: A Canonical Correlation Analysis Approach

Nigeria Government’s Expenditure on Economic and Social Service Development: A Canonical Correlation Analysis Approach

Higher Education and Economic Growth of Nigeria: Evidence from Co-integration and Granger Causality Examination

Contribution of Principal Supervision, Principal Leadership, and Work Motivation on Performance of Private Vocational High Schools Teachers in Tanah Bumbu Regency

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