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Determinants of the demand for education in Spain

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  • Pilar Beneito
  • Javier Ferri
  • M. Luisa Molto
  • Ezequiel Uriel

Abstract

The aim of this paper is to estimate an equation for household demand for both secondary and university education, using an estimation of the opportunity cost associated with the decision to invest in education. Limited dependent variable models are applied to the data provided by the Family Budget Survey 1991 for Spain. The results show that the social and economic status of the family has a comparatively greater impact on household expenditure on secondary education than on university education. The opportunity cost is also shown to be a decisive variable in the decision to invest in secondary education, although the results are less conclusive in the case of university education.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 33 (2001)
Issue (Month): 12 ()
Pages: 1541-1551

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Handle: RePEc:taf:applec:v:33:y:2001:i:12:p:1541-1551

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Cited by:
  1. Richard Mussa, 2010. "Rural-Urban Differences in Parental Spending on Children’s Primary Education in Malawi," SALDRU Working Papers 49, Southern Africa Labour and Development Research Unit, University of Cape Town.
  2. Budria, Santiago, 2006. "Education and Inequality: Evidence from Spain," MPRA Paper 1098, University Library of Munich, Germany.
  3. Salih Katircioğlu & Sami Fethi & Hamit Caner, 2014. "Testing the higher education-led growth hypothesis in a small island: an empirical investigation from a new version of the Solow growth model," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(2), pages 729-744, March.
  4. Martin Ryan & Siobhan McCarthy & Carol Newman, 2007. "Household Characteristics of Higher Education Participants," Working Papers 200702, Geary Institute, University College Dublin.

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