ECONOMETRIC ANALYSIS OF EDUCATIONALEXPENDITURES IN TURKEY

A direct relation exists between educational expenditures and the amount and quality of

education. From this point of view, the determination of the factors affecting educational

expenditures of households carries much significance. In this research, the factors affecting the

educational expenditures of households in Turkey were attempted to be ascertained. In this way,

it is aimed to produce policy recommendations through the factors affecting education

expenditures.

The data obtained by the household budget surveys conducted on 11000 households by Turkish

Statistical Institute (TSI) in 2017 were utilized. Household Budget Surveys are one of the most

important resources used to test the validity of the socio-economic policies implemented, giving

information about the socio-economic structures, living levels and consumption patterns of the

households. The data were analyzed with Log-Heckman’s Sample Selection Model (SSM).

According to the obtained results, the monthly average educational expenditures of household

were determined to be 55.03 TRY. The factors such as the household head’s age, position in

the workplace, condition of being retired, existence of an enterprise income, family’s reception

of financial aid, the habited house being rental, the heating of the house by a central heating

boiler of a stove, presence of internet connection, the family having multiple children, different

age groups of the children, car ownership, monthly total expenditure amount of the household

and the monthly income level were determined to be statistically affecting the possibility of

educational expense.

The research contributes to the literature in terms of researching education expenditures, which

is one of the important indicators of the value given to education today. In addition, the use of

the Log-Heckman's Sample Selection Model (SSM) method within the scope of education

expenditures reveals the originality of the research.