Public versus Private Education in Hawaii
This study presents a time-series evidence on the timing and degree of feedback relationship between participation in education and income growth in Hawaii. Using the unrestricted vector autoregression approach and two related measures of linear dependence and feedback, the results suggest that acro...
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| Format: | Article |
| Language: | English |
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Arizona State University
2001-10-01
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| Series: | Education Policy Analysis Archives |
| Online Access: | http://epaa.asu.edu/ojs/article/view/372 |
| _version_ | 1811317033563848704 |
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| author | Antonina Espiritu |
| author_facet | Antonina Espiritu |
| author_sort | Antonina Espiritu |
| collection | DOAJ |
| description | This study presents a time-series evidence on the timing and degree of feedback relationship between participation in education and income growth in Hawaii. Using the unrestricted vector autoregression approach and two related measures of linear dependence and feedback, the results suggest that across all educational levels, i.e., K-12 and tertiary, participation in public education could be a good predictor of income growth in Hawaii. However, decomposing the feedback effect by frequency suggests that the dominance of public education over private education in explaining the variation in income growth to be concentrated mainly on the short-run to medium-run for tertiary level and long-run to permanent effect for K-12 level. Hawaii state legislature and educators should perhaps take these results as a motivation not to ignore the problems plaguing Hawaii's public schools but should work towards greater improvement and support for public education given its predicted significant overall contribution to the Hawaiian economy. |
| first_indexed | 2024-04-13T11:59:44Z |
| format | Article |
| id | doaj.art-ceaecce03a83433bb9a011df628a9686 |
| institution | Directory Open Access Journal |
| issn | 1068-2341 |
| language | English |
| last_indexed | 2024-04-13T11:59:44Z |
| publishDate | 2001-10-01 |
| publisher | Arizona State University |
| record_format | Article |
| series | Education Policy Analysis Archives |
| spelling | doaj.art-ceaecce03a83433bb9a011df628a96862022-12-22T02:47:49ZengArizona State UniversityEducation Policy Analysis Archives1068-23412001-10-01943Public versus Private Education in HawaiiAntonina EspirituThis study presents a time-series evidence on the timing and degree of feedback relationship between participation in education and income growth in Hawaii. Using the unrestricted vector autoregression approach and two related measures of linear dependence and feedback, the results suggest that across all educational levels, i.e., K-12 and tertiary, participation in public education could be a good predictor of income growth in Hawaii. However, decomposing the feedback effect by frequency suggests that the dominance of public education over private education in explaining the variation in income growth to be concentrated mainly on the short-run to medium-run for tertiary level and long-run to permanent effect for K-12 level. Hawaii state legislature and educators should perhaps take these results as a motivation not to ignore the problems plaguing Hawaii's public schools but should work towards greater improvement and support for public education given its predicted significant overall contribution to the Hawaiian economy.http://epaa.asu.edu/ojs/article/view/372 |
| spellingShingle | Antonina Espiritu Public versus Private Education in Hawaii Education Policy Analysis Archives |
| title | Public versus Private Education in Hawaii |
| title_full | Public versus Private Education in Hawaii |
| title_fullStr | Public versus Private Education in Hawaii |
| title_full_unstemmed | Public versus Private Education in Hawaii |
| title_short | Public versus Private Education in Hawaii |
| title_sort | public versus private education in hawaii |
| url | http://epaa.asu.edu/ojs/article/view/372 |
| work_keys_str_mv | AT antoninaespiritu publicversusprivateeducationinhawaii |