The determinants of household educational expenditures in the Philippines
Date
2016-06
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Abstract
In this study, the determinants of household educational expenditures in the Philippines are analyzed. The factors considered include permanent income (proxied by total expenditures), household characteristics and government transfers. A Tobit model is used and the results show that the significant determinants include permanent income, regional location, government transfers, the number of preschool, highschool and elementary aged children, as well as the age,
gender, and civil status of the household head. The results suggest that programs such as the 4Ps, that combine cash transfers with family development sessions, should be continued and expanded. These programs should be targeted towards vulnerable households, which are those with low incomes, a higher number of children, single and young heads, and those located in Regions 1,7 and NCR. Furthermore, educational programs on family planning and responsible
parenting should be provided to the youth, to ensure that they would become responsible parents that provide educational opportunities to their children.
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Keywords
Determinants, Household Educational Expenditures, Educational Demand