DETERMINANTS OF HOUSEHOLDS’ EDUCATIONAL EXPENDITURE IN THE MEKONG DELTA OF VIETNAM

Abstract

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.