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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 4 Results of co-integration test between education expenditure and education output

From: Government expenditure on human capital and growth in Namibia: a time series analysis

Null hypothesis

Jtrace

Jmax

Education expenditure and adult literacy rate

 r =0

27.159 (0.005)

17.131 (0.032)

 r =1

10.028 (0.034)

10.028 (0.034)

Education expenditure and elderly literacy rate

 r = 0

18.105 (0.020)

17.358 (0.016)

 r = 1

0.747 (0.388)

0.747 (0.388)

Education expenditure and youth literacy rate

 r = 0

25.075 (0.001)

24.789 (0.001)

 r = 1

0.286 (0.593)

0.286 (0.593)

Education expenditure and primary net enrolment rate

 r = 0

31.686 (0.001)

16.497 (0.04)

 r = 1

15.189 (0.003)

15.189 (0.003)

Education expenditure and secondary gross enrolment rate

 r = 0

4.820 (0.828)

4.773 (0.770)

 r = 1

0.0472 (0.827)

0.0472 (0.827)

Education expenditure and secondary net enrolment rate

 r = 0

5.580 (0.745)

5.577 (0.668)

 r = 1

0.002 (0.960)

0.002 (0.960)

Education expenditure and tertiary gross enrolment rate

 r =0

26.114 (0.007)

18.330 (0.020)

 r =1

7.784 (0.090)

7.784 (0.090)

  1. p value is in the parentheses