The Impact on Growth of Higher Efficiency of Public Spending on Schools

This paper assesses the impact on economic growth of increased efficiency of public spending in primary and lower-secondary education. Higher efficiency in public spending in schools can bolster growth through two main channels. On the one hand, it can allow a transfer of labour from the public sect...

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Bibliographic Details
Main Author: Gonand, Frédéric (-)
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2007.
Series:OECD Economics Department Working Papers, no.547.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705730606719
Description
Summary:This paper assesses the impact on economic growth of increased efficiency of public spending in primary and lower-secondary education. Higher efficiency in public spending in schools can bolster growth through two main channels. On the one hand, it can allow a transfer of labour from the public sector to the business sector at unchanged educational output. On the other, it can enhance educational output and productivity of the future labour force at unchanged public employment and expenditures. The paper argues that, in most cases, efficiency gains...
Physical Description:1 online resource (36 p. )