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Government Funding in Education Industry

Author

Listed:
  • Muhammad Baqir Abdullah
  • Mukaramah Harun
  • Mohd Razani Mohd Jali

Abstract

This study is analysing about contribution among components of government funding (as subsidy) in the education industry to generate skilled labour. In this study, education institute as suppliers which offer education services at tertiary level. In another side, students as customers whose are using education services. The government funding in education will attract and encourage student from secondary level to continue study at tertiary level. It is also one of human capital investment to overcome inequality income distribution, poverty problems and economic growth by increasing the number of skilled labour in industries in the economic sectors.

Suggested Citation

  • Muhammad Baqir Abdullah & Mukaramah Harun & Mohd Razani Mohd Jali, 2017. "Government Funding in Education Industry," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(6), pages 769-772, June.
    • Handle: RePEc:hur:ijarbs:v:7:y:2017:i:6:p:769-772
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    References listed on IDEAS

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    1. Blankenau, William, 2005. "Public schooling, college subsidies and growth," Journal of Economic Dynamics and Control, Elsevier, vol. 29(3), pages 487-507, March.
    2. Abhijeet, Chandra, 2010. "Does Government Expenditure on Education Promote Economic Growth? An Econometric Analysis," MPRA Paper 25480, University Library of Munich, Germany.
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    Cited by:

    1. Oloke Emmanuel & Olanipekun Wahid Damilola & Mabinuori Oladotun Toriola & Ojo Lucas B. & Aderemi Timothy Ayomitunde, 2022. "Government Educational Spending and Human Capital Development in ECOWAS Sub-Region: Implication For Sustainable Development," Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 67(3), pages 37-52, December.

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