The widely held assumption that high government expenditure in areas such as education can have a positive impact on GDP growth is challenged by the Centre for Policy Studies.

This study is the first investigation on the correlation between the composition of public expenditure and economic growth in developed economies. This new research, based on OECD data for 19 developed economies for which consistent data is available, shows that government spending on education as a proportion of GDP had no discernible correlation with real GDP economic growth.

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