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Free keywords:
Comparative public policy; education spending; OECD countries; pooled time-series analysis.
Abstract:
This paper focuses on the analysis of determinants of public education
spending in OECD countries. It starts out by reviewing and replicating the
model presented by Castles (1989, 1998), finding that only a few of his explanatory
variables remain significant in a pooled time-series framework. I present an alternative
model that contains socio-economic, political, and institutional variables:
the level of economic development, the magnitude of demographic demand, the
constitutional veto structure, the level of public social expenditures, the degree of
tax-revenue decentralization as well as government participation of conservative
parties.
