<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The main aim of this study is to analyse the trend of public spending dedicated to education in case of Kosovo over the years and to measure the impact of public spending in education on economic growth of Kosovo. In order to achieve the aim, the Pearson Correlation has been used and a multifactorial regression model (OLS) has been modified and adapted, where we have determined the Gross Domestic Product (GDP) as a dependent variable and as an independent variable in the model: (i) Public expenditure on secondary education and (ii) Public expenditure on higher education (university). The data used are secondary data from the Kosovo’s State Budget, Ministry of Finance and Transfers, and Kosovo Agency of Statistics. We have come to a conclusion that public spending dedicated to higher education (university) has a positive impact on Kosovo’s economic growth meanwhile public spending on secondary education does not show any effect. The paper suggests further recommendations on public spending policies dedicated to education in order to influence Kosovo’s economic growth.</p></abstract>

The main aim of this study is to analyse the trend of public spending dedicated to education in case of Kosovo over the years and to measure the impact of public spending in education on economic growth of Kosovo. In order to achieve the aim, the Pearson Correlation has been used and a multifactorial regression model (OLS) has been modified and adapted, where we have determined the Gross Domestic Product (GDP) as a dependent variable and as an independent variable in the model: (i) Public expenditure on secondary education and (ii) Public expenditure on higher education (university). The data used are secondary data from the Kosovo’s State Budget, Ministry of Finance and Transfers, and Kosovo Agency of Statistics. We have come to a conclusion that public spending dedicated to higher education (university) has a positive impact on Kosovo’s economic growth meanwhile public spending on secondary education does not show any effect. The paper suggests further recommendations on public spending policies dedicated to education in order to influence Kosovo’s economic growth.

The Nexus Between Public Spending on Education and Economic Growth of Kosovo (Econometric Approach)

Economics and Business

This work is licensed under the Creative Commons Attribution 4.0 International License.

The main aim of this study is to analyse the trend of public spending dedicated to education in case of Kosovo over the years and to measure the impact of...

The Nexus Between Public Spending on Education and Economic Growth of Kosovo (Econometric Approach)

Published Online: Dec 31, 2020

Page range: 285 - 296

DOI: https://doi.org/10.2478/eb-2020-0019

Keywords
public spending, education, economic growth, sustainability, OLS

© 2020 Besime Ziberi et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

The Nexus Between Public Spending on Education and Economic Growth of Kosovo (Econometric Approach)

Published Online: Dec 31, 2020

Page range: 285 - 296

DOI: https://doi.org/10.2478/eb-2020-0019

Keywordspublic spending, education, economic growth, sustainability, OLS

© 2020 Besime Ziberi et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
public spending, education, economic growth, sustainability, OLS