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Determinants of the demand for education in Spain

Author

Listed:
  • 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.

Suggested Citation

  • Pilar Beneito & Javier Ferri & M. Luisa Molto & Ezequiel Uriel, 2001. "Determinants of the demand for education in Spain," Applied Economics, Taylor & Francis Journals, vol. 33(12), pages 1541-1551.
    • Handle: RePEc:taf:applec:v:33:y:2001:i:12:p:1541-1551
    DOI: 10.1080/00036840010009892
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    Cited by:

    1. Katircioğlu, Salih Turan, 2014. "Estimating higher education induced energy consumption: The case of Northern Cyprus," Energy, Elsevier, vol. 66(C), pages 831-838.
    2. Richard Mussa, 2013. "Rural--urban differences in parental spending on children's primary education in Malawi," Development Southern Africa, Taylor & Francis Journals, vol. 30(6), pages 789-811, December.
    3. Kroneberg, Clemens & Stocké, Volker & Yaish, Meir, 2006. "Norms or rationality? : The rescue of jews, electoral participation, and educational decisions," Papers 06-09, Sonderforschungsbreich 504.
    4. Stocké, Volker, 2008. "Educational decisions as rational choice? : an empirical test of the Erikson-Jonsson model for explaining educational attainment," Papers 08-03, Sonderforschungsbreich 504.
    5. 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.
    6. Budria, Santiago, 2006. "Education and Inequality: Evidence from Spain," MPRA Paper 1098, University Library of Munich, Germany.
    7. Martin Ryan & Siobhan McCarthy & Carol Newman, 2007. "Household Characteristics of Higher Education Participants," Working Papers 200702, Geary Institute, University College Dublin.
    8. Stocké, Volker, 2006. "Explaining secondary effects of families' social class position : an empirical test of the Breen-Goldthorpe model of educational attainment," Papers 06-07, Sonderforschungsbreich 504.

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