The Asset Effect of Household on Education Expenditure:Analysis Based on China Household Survey Data
Utilizing data from CHFS2019,this study delves into the impact of housing value on household education spending and the burden of education,thoroughly investigating the mechanisms through which various household assets influence educational consump-tion decisions.The findings indicate that increases in income and housing value can enhance household education expenditures,while household cash holdings do not significantly affect education spending.Through semilinear regression,a nonlinear relationship between housing value and both education spending and education burden was discovered.When housing values are very low or very high,the appreciation of household housing does not exhibit an asset effect on education spending.Only the housing value of the middle class has a significant asset effect on education expenditures.The relationship between housing value and the burden of education displays a Z-shaped pattern;when housing value is at a medium level,a slight increase can significantly reduce the household's educational burden,but as housing value continues to increase,its impact on the educational burden weakens.
educational expenditureseducational expenditure burdenhousehold assetshouse valuesemi linear regression model
NETL
NSTL
万方数据
