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The ratio of public investment in education in China

The ratio of public investment in education in China Based on cross-section data worldwide and time series data in China, the essay is intended to make an analysis of the factors which have impacts on the ratio of public investment in education by using econometric models and then the future ratio may be predicted. Conclusions are as follows. First, the proportion of fiscal revenue to GDP (gross domestic products) is the most significant variable to predict the variance in the ratio of public investment in education in China. Second, experience in middle-income countries should be given top priority when international comparison is made. Third, the ratio of public investment in education in China will be close to 4% in 2010, and reach 4.4%–4.5% in 2020. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Frontiers of Education in China Brill

The ratio of public investment in education in China

Frontiers of Education in China , Volume 2 (2): 240 – Jan 1, 2007

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References (14)

Publisher
Brill
Copyright
Copyright 2007 by Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1673-341X
eISSN
1673-3533
DOI
10.1007/s11516-007-0020-0
Publisher site
See Article on Publisher Site

Abstract

Based on cross-section data worldwide and time series data in China, the essay is intended to make an analysis of the factors which have impacts on the ratio of public investment in education by using econometric models and then the future ratio may be predicted. Conclusions are as follows. First, the proportion of fiscal revenue to GDP (gross domestic products) is the most significant variable to predict the variance in the ratio of public investment in education in China. Second, experience in middle-income countries should be given top priority when international comparison is made. Third, the ratio of public investment in education in China will be close to 4% in 2010, and reach 4.4%–4.5% in 2020.

Journal

Frontiers of Education in ChinaBrill

Published: Jan 1, 2007

Keywords: the ratio of public investment in education; gross domestic products (GDP); gross national income (GNI); fiscal revenue; public expenditure on education

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