Does Expenditure on Education Affect Economic Growth in India? Evidence from Cointegration and Granger Causality Analysis
The study investigates causal relationship between expenditure on education and economic growth in India form the period 1951 to 2012. The econometric approach of the paper is based on the bivariate VAR model, co-integration, granger causality, variance decomposition and impulse response. The vector...
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2015-12-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1131.pdf
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