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Title: |
Demand for Education in China |
| Author: |
Chow, Gregory C.; Shen, Yan |
| Author
Affiliation: |
Princeton University, Princeton, New Jersey, USA; China Center for Economic Research, Peking University, Beijing, China |
| Source: |
International Economic Journal, June 2006, v. 20, no. 2, pp. 129-148 |
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Publication Date: |
June 2006 |
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Abstract: |
This paper offers an explanation of the quantitative changes in education spending by the framework of demand analysis, including the changes in the ratio of education funding to GDP in the period 1991-2002. The income effect is estimated mainly by using cross-provincial data, while time series data are used to estimate the price effect. Changes in government and non-government spending through time can be satisfactorily explained by the income and price effects. Demand for education and aggregate demand for all education services are investigaed. The relation between income inequality and inequality in education opportunities is briefly discussed. Ten important findings are stated. |
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