Analysis of Household Expenditure on Education in Cyprus
Journal
Cyprus Economic Policy Review
Date Issued
December 2012
Author(s)
Abstract
This paper investigates household expenditure on education in Cyprus and
analyses factors affecting the level of education using data from the Family
Expenditure Surveys 1996/7, 2002/3 and 2008/9. The results obtained show that
the level of education expenditure increases with income across years. In addition,
the proportion of households spending on private tutorials range between 60-90%
at primary and secondary education levels, while the variation of this proportion
over income groups is almost nonexistent. In empirical analysis the most profound
factors affecting the level of household expenditure on education are income,
number of children in household, region of residence and head‟s age and
education. However, education and age of head appears to diminish over time.
The findings can have implications for a wide range of issues regarding
educational policies in Cyprus.
analyses factors affecting the level of education using data from the Family
Expenditure Surveys 1996/7, 2002/3 and 2008/9. The results obtained show that
the level of education expenditure increases with income across years. In addition,
the proportion of households spending on private tutorials range between 60-90%
at primary and secondary education levels, while the variation of this proportion
over income groups is almost nonexistent. In empirical analysis the most profound
factors affecting the level of household expenditure on education are income,
number of children in household, region of residence and head‟s age and
education. However, education and age of head appears to diminish over time.
The findings can have implications for a wide range of issues regarding
educational policies in Cyprus.
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