The Influence of New College Entrance Examination Reform on Family Education Expenditure:Empirical Analysis Based on Difference-in-Difference Model
Education is an important way to improve human capital and realize sustainable economic development.The new college entrance examination reform,by guiding students toward healthy and comprehensive development,has increased family investments in their children's education.Based on the policy of the new college entrance examination reform in Zhejiang and Shanghai in 2014,this article empirically studies the impact of the new college entrance examination reform on family education expenditures by using the panel data of China Family Panel Studies(CFPS).The findings indicate that the new college entrance examination reform has significantly increased family education expenditures.Its promotional effect on education spending is more pronounced in the Shanghai region,urban families,and high-income households,while its impact on family education expenditures in Zhejiang is not statistically significant.Therefore,during the comprehensive implementation of the new college entrance examination reform,attention should be paid to the development of family education to prevent an excessive burden on families.It is also crucial to be vigilant against the emergence of educational inequality,ensuring that the new college entrance examination reform truly achieves fairness and justice.Additionally,it is important to consider regional differences,and the design of the institutions should be more flexible.
new college entrance examination reformfamily education expendituredifference-in-difference modelhuman capital
万方数据
