Idrees, Alvina Sabah; Siddiqi, Muhammad Wasif - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 7 (2013) 1, pp. 174-183
The purpose of this paper is to examine the long-run relationship between public education expenditures and economic growth. The social benefits of education exceed its private benefits. Therefore, education is considered a merit good; if not supplied by the public sector, private production is...