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An Analysis of the Determinants of Education Expenditure in T hailand
Author(s) -
Sagarik Danuvas
Publication year - 2013
Publication title -
asian politics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.193
H-Index - 12
eISSN - 1943-0787
pISSN - 1943-0779
DOI - 10.1111/aspp.12027
Subject(s) - economics , government expenditure , public expenditure , government (linguistics) , unemployment , incrementalism , public economics , politics , public policy , education policy , public education , public finance , higher education , economic growth , macroeconomics , political science , linguistics , philosophy , law
This integrative study builds on the established theories of public policy analysis, economics, and public finance by empirically investigating and analyzing the determinants of public expenditure on education in T hailand. For the purposes of this study, it is posited that education expenditures are determined by multidimensional factors. A number of economic‐demographic, political, institutional, and decision‐making theories are therefore examined, together with the concept of education. This study recognizes and quantifies education expenditure by both types and stages of education according to the allocation of government budget and the education system in T hailand. The results reveal that education financing policy in T hailand is mainly determined by last year's expenditures. Industrialization also increases the total education expenditure. This is what the incrementalism theory and W agner's Law postulate, respectively. Moreover, unemployment has an inverse impact on several types of education expenditures. The results imply that the T hai government mainly takes into account only certain factors and neglects to incorporate the importance of demographic and educational indicators when allocating education expenditures.