relationships among the variables. Findings - The findings show that spending in the public sectors alone, such as education and … health, does not always yield the needed outcome of promoting economic growth. Government education expenditure stimulates … all governance indicators except political stability for government education spending and regulatory quality for …

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …