Abstract
Empirically determining the efficiency of public spending on higher education in Chile with respect to the formation of advanced human capital is a challenge. The long-term relationship between the variables public spending on higher education and advanced human capital formation was analyzed, using regression, cointegration and time series models that included the period 1990-2015. The results show a residual stationarity, which implies that the variables are not cointegrated. A productivity measurement model of public spending on higher education is proposed based on the contributions of Harold Bayer (2005).
| Translated title of the contribution | Efficiency of public expenditure in higher education. Chile1990-2015 |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 57-69 |
| Number of pages | 13 |
| Journal | Utopia y Praxis Latinoamericana |
| Volume | 25 |
| Issue number | Extra13 |
| DOIs | |
| State | Published - 2020 |
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