Social Spending, Human Capital, and Growth in Developing Countries : Implications for Achieving the MDGs /
Using panel data from 120 developing countries from 1975 to 2000, this paper explores the direct and indirect channels linking social spending, human capital, and growth in a system of equations. The paper finds that both education and health spending have a positive and significant direct impact on...
| Main Author: | Baldacci, Emanuele |
|---|---|
| Other Authors: | Clements, Benedict, Cui, Larry, Gupta, Sanjeev |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2004.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2004/217 |
| Online Access: | Full text available on IMF |
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