Economic freedom and the quality of education.
This paper finds robust evidence that economic freedom improves the quality of education. This is probably mainly because economic freedom incentivizes parents to invest in high‐quality education for their children and helps them to do so. It also incentivizes and helps both governments and private...
| Publicado en: | Kyklos Vol. 78; no. 1; pp. 86 - 111 |
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| Formato: | Artículo |
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Wiley-Blackwell
Feb2025
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=182008544&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 182008544 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00235962 KYK jtl: Kyklos issn: 00235962 maglogo: Y pubinfo: dt: Feb2025 vid: 78 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 182008544 10.1111/kykl.12412 ppf: 86 ppct: 25 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 712KB tig: atl: Economic freedom and the quality of education. aug: au: Feldmann, Horst affil: Department of Economics, University of Bath, Bath BA2 7AY, , UK su: World Bank Public spending Economic impact Economic liberty Educational indicators Educational quality sug: subj: Public spending Economic impact World Bank Public Finance Activities International and other extra-territorial public administration Economic liberty Educational indicators Educational quality ab: This paper finds robust evidence that economic freedom improves the quality of education. This is probably mainly because economic freedom incentivizes parents to invest in high‐quality education for their children and helps them to do so. It also incentivizes and helps both governments and private providers to deliver high‐quality education. The paper uses two different indicators of educational quality: PISA scores and the World Bank's harmonized test scores. The magnitudes of the estimated effects of economic freedom on both indicators are substantial. They are even larger once the indirect impact of economic freedom via GDP per capita and, to a lesser extent, once the indirect impact via government education expenditure is taken into account. The paper uses data on up to 49 countries for PISA scores and up to 137 countries for World Bank scores. It accounts for the endogeneity of economic freedom and controls for all major determinants of educational quality. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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