This study is analysing about contribution among components of government funding (as subsidy) in the education industry to generate skilled labour. In this study, education institute as suppliers which offer education services at tertiary level. In another side, students as customers whose are using education services. The government funding in education will attract and encourage student from secondary level to continue study at tertiary level. It is also one of human capital investment to overcome inequality income distribution, poverty problems and economic growth by increasing the number of skilled labour in industries in the economic sectors.
Blankenau, W. (2005). Public schooling, college and growth. Journal of Economic Dynamics and Control, 29(3), 487-507. Doi:10.1016/j.jedc.2004.04.001
Chandra, A. (2010) Does government expenditure on education promote economic growth? An econometric analysis. University of Munich, Germany.
Curtis, S. (2004). Fun at the debtor’s prison: undergraduates’ university experience. Education + Training, 46(2), 75-81. Doi:10.1108/00400910410525252
Eden, B. (1994). How to subsidized education: an analysis of voucher system. Israel Institute of Technology.
Hassan, M, K, H., Baharom, A, H., & Azis, K, A. (2010). Output and employment generated in Malaysia manufacturing sector: an input-output analysis. International Journal of Global Business, 3(1).
Healey, M. (2000). Developing the scholar of teaching in higher education: A discipline-based approach. Higher Education Research & development, 19(2), 169-189. Doi: 10.1080/072943600445637
Orunaboka, T, T., & Nwachukwu, E, A. (2012). Management of physical education facilities, equipment and supplies in secondary schools in Nigeria: issues and challenges. Journal of Education and Practise, 3(3), 43-47.
Ogawa, K. (2004) Public expenditure on education and resource management: case of Zambia. Journal of International Cooperation in Education, 7(1), 133-143.
Oyelola, O, T., Igwe, N, C., Ajiboshin, I, O., & Peluola, S, B. (2014) Entrepreneurship education: solution to youth unemployment in Nigeria. Journal of Poverty, Investment and Development, 5, 149-157.
Trowler, P., & Bamber, R. (2005). Compulsory higher education teacher training: Joined-up policies, institutional architectures and enhancement cultures. International Journal for Academic Development, 10(2), 79-93.
Abdullah, M. B., Harun, M., & Jali, M. R. M. (2017). Government Funding in Education Industry. International Journal of Academic Research in Business and Social Sciences, 7(6), 703-706
Copyright: © 2017 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalc.ode
