The Effect of Education Expenditure on Economic Growth: The Case of Turkey

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.

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