Corpus ID: 155122950

Education Spending and Workforce Quality as Determinants of Economic Growth

  title={Education Spending and Workforce Quality as Determinants of Economic Growth},
  author={C. Clarke and A. T. Jones and B. Lacy},
  journal={Journal of Rural and Community Development},
  • C. Clarke, A. T. Jones, B. Lacy
  • Published 2016
  • Economics
  • Journal of Rural and Community Development
  • Several studies suggest that there is a statistically significant, positive relationship between education expenditures and economic growth in the U.S. states and among developed countries. Conversely, some literature suggests that there is no link between education spending and economic growth. There are several explanations given for the lack of a link between spending and growth including higher levels of taxation dampening growth, spending on administration instead of teaching, and poor… CONTINUE READING
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