Um estudo dos efeitos dos gastos públicos em educação sobre a renda per capita no brasil (2005 - 2014)

Abstract

From the 1950s, education began to play a more relevant role in the currents of economic thought. The theory of human capital began to treat it as a means to increase productivity and, consequently, income. In this way, a skilled society would be able to generate higher levels of production and income. Based on this logic, several governments began to allocate more resources in this sector to promote long-term sustainable economic growth. In this sense, the present article aims to analyze the effect of public spending on education on the per capita income level in Brazil for the period from 2005 to 2014. For this, an econometric panel data model was estimated, considering the per capita income level as a function of the variables: public educational expenditures, education level and unemployment rate. The results indicate a positive relationship between the main variables.