Education expenditure and economic growth: a causal analysis for Malaysia

• Main Authors: Mohd. Yahya, Mohd. Hussin, Muhammad, Fidlizan, Abu @ Hussin, Mohd. Fauzi, Abdul Razak, Azila
• Format: Article
• Published: International Institute for Science, Technology and Education (IISTE) 2012
• Subjects: HB Economic Theory; HC Economic History and Conditions
• Online Access: http://eprints.utm.my/id/eprint/31766/; http://www.iiste.org/Journals/index.php/JEDS/article/download/2047/2026
• Institution: Universiti Teknologi Malaysia

This paper focuses on the long-run relationship and causality between government expenditure in education and economic growth in Malaysian economy. Time series data is used for the period 1970 to 2010 obtained from authorized sources. In order to achieve the objective, an estimation of Vector Auto R...