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Does education have a low value in Germany?

Wolfgang Ochel
ifo Institut für Wirtschaftsforschung, München, 2001

in: ifo Schnelldienst, 2001, 54, Nr. 04, 66-67

In 1997 the OECD countries spent an average of 6.1% of gross GDP on education. Germany fell below this average spending only 5.7% of GDP on educational efforts.

JEL Classification: J200

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ifo Institut für Wirtschaftsforschung, München, 2001