The effect of education expenditure on economic growth: The case of Turkey

Mercan M., Sezer S.

2nd World Conference on Business, Economics and Management (BEM), Antalya, Turkey, 25 - 28 April 2013, vol.109, pp.925-930 identifier

  • Publication Type: Conference Paper / Full Text
  • Volume: 109
  • Doi Number: 10.1016/j.sbspro.2013.12.565
  • City: Antalya
  • Country: Turkey
  • Page Numbers: pp.925-930
  • Bursa Uludag University Affiliated: Yes

Abstract

The relationship between education expenses and economic growth is among the practical studies attracting high interest in Economics literature. In this study, a positive relationship between education expenses and economic growth was found in the Turkish economy for the period 1970-2012. Thus it appeared that education expenses in Turkey had a positive effect on economic growth positively. A greater allocation of resources on education expenses could make the Turkish economy more dynamic. (C) 2014 The Authors. Published by Elsevier Ltd.