사교육비 결정요인에 대한 실증분석

Empirical Study on Private Education Costs

This paper empirically studies the determinants of private education costs with Daewoo Panel Data. The results show that increases in indirect tax rates have positive effect on households’ educational expenditures except expenditures on extra curriculum. And the empirical results do not confirm the assertion that increase in government educational expenditures reduce household’s expenditures on private education. Futhermore, educational expenditures’ income elasticities are small, which implies families’ educational expenditures are inevitable expense. Finally, educational expenditures except extra curriculum shrink while expenditures on extra curriculum education blow up as children grow.