Public expenditure on education and education outcomes in Kenya

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dc.contributor.authorMbaya, Joyce Karoki
dc.date.accessioned2015-03-19T08:06:44Z
dc.date.available2015-03-19T08:06:44Z
dc.date.issued2015
dc.descriptionA research project submitted to the department of econometrics and statistics in partial fulfilment of the requirements for the award of Degree of Master of Economics (Econometrics) of Kenyatta University. April, 2016en_US
dc.description.abstractInvesting in education has continued to be of concern for many developing countries with a view to improve their human capital .The Kenya government over the years has put a lot of emphasis on education sector through various policies to spur economic growth by implementing various policies that has impacted the education sector as well as the economy. The purpose of this study is to find out the effect of public expenditure on education on economic growth in Kenya from 1980 to 2010 for all the variables. The specific objectives of the study is to investigate the effect of the components of public expenditure on education on economic growth in Kenya. Using annual data, ADF and PP tests will be utilized to check the stochastic properties of the variables. Long-run relationship among variables will be confirmed through Johansen and Juselius cointegration test whereas the long-run and short-run dynamics are observed by ECM specification. Significance of the Study The government commitment to funding the education sector is to allow its people gain skills and knowledge that can help improve their individual earning as well as lead to economic growth. The government has a challenge of allocating the meagre resources to different sectors of the economy hence the need to understand the effects of investing on education. It is expected that the study will help policy makers in determining which component between recurrent and development that requires more allocation of public funds in the education sector to ensure that the quality of education is not compromised. In Kenya studies on PEE and economic growth are scarce, therefore this study will seek to add knowledge to the body of policy makers and stimulate further interest for more research in the area under study.en_US
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/12396
dc.language.isoenen_US
dc.titlePublic expenditure on education and education outcomes in Kenyaen_US
dc.typeThesisen_US
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