Akanbi, Olusegun AyodeleSchoeman, N.J. (Nicolaas Johannes)2008-02-112008-02-112007-05Akanbi, OA & Schoeman, NJ 2007, 'Measuring the determinants of educational spending in Africa', University of Pretoria, Department of Economics, Working paper series, no. 2007-07. [http://web.up.ac.za/default.asp?ipkCategoryID=736&sub=1&parentid=677&subid=729&ipklookid=3]http://hdl.handle.net/2263/4405This paper reports on research aimed at measuring the determinants of education spending in Africa and secondly, investigates whether expenditure on education in Africa optimizes social welfare. The empirical estimations are carried out using a public choice model on a panel of 29 selected African countries over the period 1995-2004. The results show that government expenditure on education is not resilient to shocks and the education sector is not seriously affected by allocative changes that favour corruption. However, expenditure on education in Africa does not comply with the rules outlined by the IMF in terms of their fiscal adjustment program.68798 bytesapplication/pdfenUniversity of Pretoria, Department of EconomicsEducational expenditureEducation -- Africa -- FinanceEducation and state -- AfricaMeasuring the determinants of educational spending in AfricaWorking Paper