公共教育财政支出与地方经济发展

Research on Public Educational Expenditure and Local Economic Growth

借助VAR模型,利用C市1979-2009年的教育支出与经济增长数据进行实证研究,发现当期的教育投资的经济增长弹性为0.5451。运用协整检验和格兰杰因果检验对C市的教育支出和实际经济增长之间的内在关系进行实证分析,结果表明教育投资与实际经济增长之间存在着明显的互馈关系,并在长期内稳定地存在着协同互动的均衡关系。

Based on the educational expenditure and economic growth data from 1979 to 2009 of C city, this paper conducts an empirical research according to VAR model. We find that the elasticity of current educational expenditure to economic growth is 0. 5451. After vector error correction model and granger causality test, the paper draws a conclusion that there is a bi - directional causality, and a longterm equilibrium between educational expenditure and economic growth.