DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAM
This study investigates the determinants of households’ educational expenditure in the Mekong Delta through the Viet Nam Living Standard Survey (VHLSS) data in 2022. The Tobit model is used to identify factors that may influence and explain the households’ expenditure on education in the Mekong Del...
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Format: | Article |
Language: | English |
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FINTECH Alliance LLC
2023-10-01
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Series: | Фінансово-кредитна діяльність: проблеми теорії та практики |
Subjects: | |
Online Access: | https://fkd.net.ua/index.php/fkd/article/view/4127 |
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author | Quang Vang Dang Quoc Duy Vuong |
author_facet | Quang Vang Dang Quoc Duy Vuong |
author_sort | Quang Vang Dang |
collection | DOAJ |
description |
This study investigates the determinants of households’ educational expenditure in the Mekong Delta through the Viet Nam Living Standard Survey (VHLSS) data in 2022. The Tobit model is used to identify factors that may influence and explain the households’ expenditure on education in the Mekong Delta. The findings found that eight factors have a statistically significant impact of 1% to 10% on the households' educational expenditure. They include 06 factors (age of household head, ethnicity of household head, household’s size, place of residence, households with additional studying members and household’s average income) which positively impact on the households’ educational consumption and the other factors (educational level of household head and participation in local government) which have negative impacts on the educational consumption of the households. Given findings enable us to propose various suggestions to optimize the investment and expenditure for the education of households in the Mekong Delta.
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first_indexed | 2024-03-11T14:30:55Z |
format | Article |
id | doaj.art-33e61805b62049d7b77bc63524e4bff8 |
institution | Directory Open Access Journal |
issn | 2306-4994 2310-8770 |
language | English |
last_indexed | 2024-03-11T14:30:55Z |
publishDate | 2023-10-01 |
publisher | FINTECH Alliance LLC |
record_format | Article |
series | Фінансово-кредитна діяльність: проблеми теорії та практики |
spelling | doaj.art-33e61805b62049d7b77bc63524e4bff82023-10-31T08:22:19ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702023-10-0155210.55643/fcaptp.5.52.2023.4127DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAMQuang Vang Dang0Quoc Duy Vuong1PhD in Economics, Academician, Dean of Faculty of Economics, Ho Chi Minh University of Technology and Education, Ho Chi Minh City, VietnamPhD in Economics, Academician, Associate Professor, Can Tho University, Can Tho City, Vietnam This study investigates the determinants of households’ educational expenditure in the Mekong Delta through the Viet Nam Living Standard Survey (VHLSS) data in 2022. The Tobit model is used to identify factors that may influence and explain the households’ expenditure on education in the Mekong Delta. The findings found that eight factors have a statistically significant impact of 1% to 10% on the households' educational expenditure. They include 06 factors (age of household head, ethnicity of household head, household’s size, place of residence, households with additional studying members and household’s average income) which positively impact on the households’ educational consumption and the other factors (educational level of household head and participation in local government) which have negative impacts on the educational consumption of the households. Given findings enable us to propose various suggestions to optimize the investment and expenditure for the education of households in the Mekong Delta. https://fkd.net.ua/index.php/fkd/article/view/4127educational expenditurehouseholdsTobit modelVietnam |
spellingShingle | Quang Vang Dang Quoc Duy Vuong DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAM Фінансово-кредитна діяльність: проблеми теорії та практики educational expenditure households Tobit model Vietnam |
title | DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAM |
title_full | DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAM |
title_fullStr | DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAM |
title_full_unstemmed | DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAM |
title_short | DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAM |
title_sort | determinants of households educational expenditure in the mekong delta of vietnam |
topic | educational expenditure households Tobit model Vietnam |
url | https://fkd.net.ua/index.php/fkd/article/view/4127 |
work_keys_str_mv | AT quangvangdang determinantsofhouseholdseducationalexpenditureinthemekongdeltaofvietnam AT quocduyvuong determinantsofhouseholdseducationalexpenditureinthemekongdeltaofvietnam |