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SACAD: John Heinrichs Scholarly and Creative Activity Days

Classification

Empirical Undergraduate

Abstract

This research paper aims to study the relationship between the total government expenditures on education and the total primary completion rate by using regression analysis. This study uses data from The World Bank database in 2016, including many different countries and regions. On average, almost 94% of students complete their primary education. The researcher hypothesizes that the amount of government expenditures on education could play a massive part in the average primary completion rate percentage being so high. It would make sense if the higher the government expenditure, the higher the completion rate. On average, government expenditures on education only amount to 15.6% of total government expenditures when further investigating this matter. If government spending plays a large part in the primary completion rate, this number would likely be much more significant. The regression used in this study included the Primary Completion Rate as the Y variable, Government Spending as the key X variable while controlling for the pupil-to-teacher ratio, and trained teachers in primary education. The full regression model included the dummy variable for the country Nauru. The model showed government spending to be negative, having no statistical significance on the primary completion rate in the first three regressions, and positive with no statistical significance in the complete regression. The results tell us that the exact opposite of what the researcher hypothesized. If government spending impacts the primary completion rate, we will suspect the regressions to be positive and have statistical significance on some conventional level.

Faculty Advisor

Dr. Sam Schreyer

Department

Economics, Finance, & Accounting

Submission Type

Poster

Date

4-17-2023

Rights

Copyright the Author(s)

Comments

For questions contact ScholarsRepository@fhsu.edu

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