ECONOMETRIC ANALYSIS OF EDUCATIONALEXPENDITURES IN TURKEY

A direct relation exists between educational expenditures and the amount and quality ofeducation. From this point of view, the determination of the factors affecting educationalexpenditures of households carries much significance. In this research, the factors affecting theeducational expenditures of households in Turkey were attempted to be ascertained. In this way,it is aimed to produce policy recommendations through the factors affecting educationexpenditures.The data obtained by the household budget surveys conducted on 11000 households by TurkishStatistical Institute (TSI) in 2017 were utilized. Household Budget Surveys are one of the mostimportant resources used to test the validity of the socio-economic policies implemented, givinginformation about the socio-economic structures, living levels and consumption patterns of thehouseholds. The data were analyzed with Log-Heckman’s Sample Selection Model (SSM).According to the obtained results, the monthly average educational expenditures of householdwere determined to be 55.03 TRY. The factors such as the household head’s age, position inthe workplace, condition of being retired, existence of an enterprise income, family’s receptionof financial aid, the habited house being rental, the heating of the house by a central heatingboiler of a stove, presence of internet connection, the family having multiple children, differentage groups of the children, car ownership, monthly total expenditure amount of the householdand the monthly income level were determined to be statistically affecting the possibility ofeducational expense.The research contributes to the literature in terms of researching education expenditures, whichis one of the important indicators of the value given to education today. In addition, the use ofthe Log-Heckman's Sample Selection Model (SSM) method within the scope of educationexpenditures reveals the originality of the research.