The Impact of State Expenditure on Education and on Student Academic Achievement

Due to the impact of quarantine measures against COVID-19, the quality of education in the country’s schools has decreased. This issue is relevant and is on the agenda from the administration of the Head of State to university rectors and teachers, school principals and educators, students and their...

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Main Authors: Zh. T. Kushebayev, G. S. Nygymetov
Format: Article
Language:English
Published: Institute of Economics under the Science Committee of Ministry of Education and Science RK 2022-12-01
Series:Экономика: стратегия и практика
Subjects:
Online Access:https://esp.ieconom.kz/jour/article/view/891
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author Zh. T. Kushebayev
G. S. Nygymetov
author_facet Zh. T. Kushebayev
G. S. Nygymetov
author_sort Zh. T. Kushebayev
collection DOAJ
description Due to the impact of quarantine measures against COVID-19, the quality of education in the country’s schools has decreased. This issue is relevant and is on the agenda from the administration of the Head of State to university rectors and teachers, school principals and educators, students and their parents. Most of the participants in the discussion believe that too little money is allocated to the school. This article examines the impact of government spending on education and on students’ academic achievements. According to the literature review, it was revealed that an increase in financial support for secondary schools from the state will lead to an increase in the quality of education. To solve these research questions, we used a correlation analysis between student academic performance and government spending, and household spending. On the basis of the selected variables, a correlation analysis was carried out by the method of rank correlation of the relationship between student performance and the amount of state funding for education. The study concluded that the success of students in education is influenced by non-financial factors, such as educational standards and appropriate teaching methods. At the same time, a paradoxical situation has been revealed, almost every year the government increases annual spending on education in secondary schools, but student academic performance is constantly falling. In addition, there was no strong statistical relationship between student performance and the amount of State funding for education. Therefore, the question arises about the effectiveness of the use of allocated public funds for education.
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spelling doaj.art-e1321b0fecfb43c7928e083a838009472025-03-02T09:28:16ZengInstitute of Economics under the Science Committee of Ministry of Education and Science RKЭкономика: стратегия и практика1997-99672663-550X2022-12-0117420121110.51176/1997-9967-2022-4-201-211396The Impact of State Expenditure on Education and on Student Academic AchievementZh. T. Kushebayev0G. S. Nygymetov1Kenzhegali Sagadiyev University of International BusinessM. Narikbayev KAZGUU UniversityDue to the impact of quarantine measures against COVID-19, the quality of education in the country’s schools has decreased. This issue is relevant and is on the agenda from the administration of the Head of State to university rectors and teachers, school principals and educators, students and their parents. Most of the participants in the discussion believe that too little money is allocated to the school. This article examines the impact of government spending on education and on students’ academic achievements. According to the literature review, it was revealed that an increase in financial support for secondary schools from the state will lead to an increase in the quality of education. To solve these research questions, we used a correlation analysis between student academic performance and government spending, and household spending. On the basis of the selected variables, a correlation analysis was carried out by the method of rank correlation of the relationship between student performance and the amount of state funding for education. The study concluded that the success of students in education is influenced by non-financial factors, such as educational standards and appropriate teaching methods. At the same time, a paradoxical situation has been revealed, almost every year the government increases annual spending on education in secondary schools, but student academic performance is constantly falling. In addition, there was no strong statistical relationship between student performance and the amount of State funding for education. Therefore, the question arises about the effectiveness of the use of allocated public funds for education.https://esp.ieconom.kz/jour/article/view/891state expenditurestudent achievementeducationfinancehuman capitaleconomic development
spellingShingle Zh. T. Kushebayev
G. S. Nygymetov
The Impact of State Expenditure on Education and on Student Academic Achievement
Экономика: стратегия и практика
state expenditure
student achievement
education
finance
human capital
economic development
title The Impact of State Expenditure on Education and on Student Academic Achievement
title_full The Impact of State Expenditure on Education and on Student Academic Achievement
title_fullStr The Impact of State Expenditure on Education and on Student Academic Achievement
title_full_unstemmed The Impact of State Expenditure on Education and on Student Academic Achievement
title_short The Impact of State Expenditure on Education and on Student Academic Achievement
title_sort impact of state expenditure on education and on student academic achievement
topic state expenditure
student achievement
education
finance
human capital
economic development
url https://esp.ieconom.kz/jour/article/view/891
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