Efficiency of public spending on human capital in Africa

被引：4

作者：

Sikayena, Isaiah ^{[1
]}

Bentum-Ennin, Isaac ^{[2
]}

Andoh, Francis K. ^{[3
]}

Asravor, Richard ^{[1
]}

机构：

[1] Ghana Commun Technol Univ, Fac IT Business, Dept Econ, Tesano Accra, Ghana

[2] Univ Cape Coast, Sch Econ, Dept Econ Studies, Cape Coast, Ghana

[3] Univ Cape Coast, Sch Econ, Dept Appl Econ, Cape Coast, Ghana

来源：

COGENT ECONOMICS & FINANCE | 2022年 / 10卷 / 01期

关键词：

efficiency; public spending on health; public spending on education; education; health; human capital; ECONOMIC-GROWTH; HEALTH-STATUS; EXPENDITURE; INVESTMENT; COUNTRIES; MODELS; OECD;

D O I：

10.1080/23322039.2022.2140905

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Government spending on human capital continues to increase over the years. However, knowledge of the efficiency of such spending is limited. Using data from World Bank's World Development Indicator and World Governance Indicator from 2006 to 2017 and Data Envelopment Analysis and DEA Bootstrapping models, the study examined the relative technical efficiencies of public spending on human capital and their correlates in Africa. The study found public spending on health and education in Africa to be inefficient. Efficiency was much higher in health spending than in educational spending. Factors such as institutional quality, economic growth, government expenditure, foreign direct investment, and trade openness were found to influence the efficiency of public spending on human capital. Government should put in place measures to stimulate trade, ensure institutional quality and growth of urbanization to help improve efficiency in public spending.

引用

页数：15

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