MPIA-12804 Cambodia Macroeconomic Impacts of Public Consumption on Education – A Computable General Equilibrium Approach

Abstract

Employing the available social accounting matrix, this paper examines the impacts of different public education consumption schemes on Cambodian macroeconomics, the labour market and household welfare. The results from the simulation scenarios in the CGE model revealed that the reallocation of public spending from primary and secondary education to higher education produced a negative impact on the wage rate of low and fairly educated labour, dropped outputs, and reduced household welfare, which had adverse effects on macroeconomic variables in general. However, the shift of public spending from administration to the three education sectors, showed positive impacts on the economy, household income and welfare. Given the factor endowment structure of the Cambodian education sector, the policy that focuses on higher education by providing more spending to this sector did not yield results as good as keeping the initial education spending structure.


Members

Project leader: Sothy Ear

Project researchers: Sreymom Sum | Sokcheng Sim | Khiev Pirom


Working Papers

Title Modified Size Comments Recommendations
Cambodia Macroeconomic Impacts of Public Consumption on Education - A Computable General Equilibrium Approach 2017-05-18 1034.46KB 0 0

Policy Briefs

Title Modified Size Comments Recommendations
The impact of increased public spending on education in Cambodia 2017-02-16 372.16KB 0 0

Proposal

Title Modified Size Comments Recommendations
2015-12-16 268KB 0 1

Final report

Title Modified Size Comments Recommendations
2016-09-02 816.6KB 0 0

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