An Empirical Analysis on the Relationship between Education Expenditure and Economic Growth in China

This paper taked our country as a research object, based on Cobb-Douglas production and used the Eviews analyze software to conduct an empirical analysis. At last the author also reaches a conclusion that the contribution level of our country's education expenditure to economic growth is positive, and there exists a lagged effect that the education expenditure brought to economic growth. Government departments at all levels will implement the legal growth rate, and improve the proportion of financial education spending in public fiscal expenditure.