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Asset distribution and tertiary education expenditure in developing countries

Economics of Education Review Volume 24, Number 2, ISSN 0272-7757 Publisher: Elsevier Ltd


This paper examines whether initial asset distribution affects the composition of government expenditure on education. Using a cross-section of developing countries, it is found that a country’s initial asset inequality is positively and significantly associated with the ratio of tertiary education expenditure to government education expenditure, even after controlling for some explanatory variables.


Hwang, J. (2005). Asset distribution and tertiary education expenditure in developing countries. Economics of Education Review, 24(2), 171-178. Elsevier Ltd. Retrieved December 15, 2019 from .

This record was imported from Economics of Education Review on March 1, 2019. Economics of Education Review is a publication of Elsevier.

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