The Study on the Income Distribution Effect of Public Education Expenditure
DOI: 10.23977/avte.2024.060426 | Downloads: 12 | Views: 233
Author(s)
Wang Rui 1
Affiliation(s)
1 School of Economics, Yunnan University of Finance and Economics, Kunming, China
Corresponding Author
Wang RuiABSTRACT
Based on existing research on public education expenditure and income disparities, the paper investigates the relationship between the proportion of public education spending in local fiscal budgets and the urban-rural income ratio in China. Utilizing data from 26 provinces and autonomous regions from 2004 to 2020, a Systematic Generalized Method of Moments (GMM) model was developed to analyze the effects of public education expenditure on income distribution. The results reveal that public education spending, irrespective of time frame, widens the income gap, suggesting a need for more equitable distribution strategies in education funding.
KEYWORDS
Public education expenditure; Income distribution gap; Redistribution; Human capitalCITE THIS PAPER
Wang Rui, The Study on the Income Distribution Effect of Public Education Expenditure. Advances in Vocational and Technical Education (2024) Vol. 6: 191-195. DOI: http://dx.doi.org/10.23977/avte.2024.060426.
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