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Economy and Finance
Scientific paper

The Economic Benefits of Improving Efficiency in Public Spending on Education in the European Union

Details

Identification
Economic Brief 056
Publication date
13 July 2020
Authors
Peter Voigt | Anna Thum-Thysen | Wouter Simons | Directorate-General for Economic and Financial Affairs
Related department
Directorate-General for Economic and Financial Affairs

Description

In this paper we ask what the gain in GDP per capita could be if the public money available for education were used according to best practice across the EU. We provide a quantitative measure based on a ‘back-of-the-envelope’ calculation combining two different estimates from the literature.

Information and identifiers

Economic Brief 056. July 2020. Brussels. PDF. 18pp. Tab. Graph. Bibliogr. Free.

KC-BE-18-024-EN-N (online)
ISBN 978-92-79-77385-3 (online)
ISSN 2443-8022 (online)
doi:10.2765/496698 (online)

JEL classification: I21, I26, I28, H52

Disclaimer

European Economy Economic Briefs are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.

The Economic Benefits of Improving Efficiency in Public Spending on Education in the European Union

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The Economic Benefits of Improving Efficiency in Public Spending on Education in the European Union
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