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The Study on the Income Distribution Effect of Public Education Expenditure

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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 Rui

ABSTRACT

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 capital

CITE 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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