Go to contents Go to footer Go to GNB
Population and Demography

The effect of population aging on local school subsidies in Korea

  • The effect of population aging on local school subsidies in Korea
  • Go, Sun
  • [Seoul] : The Korean Economic Association
Link
Resources Content Information Item Table
Title The effect of population aging on local school subsidies in Korea
Author Go, Sun
Publisher [Seoul] : The Korean Economic Association
Publication Date 2015
Material Type Report
Country South Korea Holding The Korean Economic Association
Language English License

Abstract

The recent growth in local school subsidies in Korea offers a chance to test the effect of population aging on public education expenditure. In the existing literature, the intergenerational conflict model suggests a negative effect, although a growing number of studies are finding theoretical and empirical evidence of a positive effect. After controlling for the district fixed effect, the analysis of the Korean data shows that the elderly population share has a significant positive effect on the local school subsidy per pupil. This result is robust after instrumenting the real proportion of the elderly population by the predicted proportion, assuming no population mobility, to handle the possible bias caused by Tiebout sorting.

0 Comment

(0/400) byte
Back to top