Impact of Education Investment from Local Government on Household Education Expenditure in Primary and High School

DOI

10.2991/978-2-38476-126-5_23How to use a DOI?

Keywords

Household Education Expenditure; Fiscal Expenditures on Education; Public Expenditures

Abstract

The primary and high school stage is the key period for young people to become successful. Each family has to spend corresponding education funds, but the investment in family education in different regions and different periods is different. There are many influencing factors, and the financial investment in the education of local governments is an important part. This paper adopted the variance inflation factor (VIF) test and robustness test, ordinary least squares (OLS) linear correlation coefficient, and ridge regression logarithm data to analyze the impact of education investment from local government on household education expenditure in primary and high school. The information is mainly based on the Family Education Expenditure of China Institute for Educational Finance Research-Household Survey 2017. The study found that fiscal expenditures on education per student in primary school have a positive and significant impact on household education spending, and public expenditure has a negative and significant impact on household education spending. In addition, there is no significant relationship between local government financial investment in education and household education spending in the junior and senior high school stages. Furthermore, the impact of local government education investment on household education spending in different stages is different. Based on this, it is suggested that the government is supposed to appropriately adjust education subsidies and improve the education expenditure system. Moreover, the investment in public education funds should be increased and the supervision and management of education funds be strengthened. And it is also crucial for the government to give full play to the guiding role of educational financial policy.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Lijuan Feng
AU  - Yuzhe Nie
AU  - Xiangyu Yu
PY  - 2023
DA  - 2023/10/31
TI  - Impact of Education Investment from Local Government on Household Education Expenditure in Primary and High School
BT  - Proceedings of the 2023 7th International Seminar on Education, Management and Social Sciences (ISEMSS 2023)
PB  - Atlantis Press
SP  - 186
EP  - 196
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-126-5_23
DO  - 10.2991/978-2-38476-126-5_23
ID  - Feng2023
ER  -