Road Transport Infrastructure and Mobility: Views of Students With Physical Disability in the University of Cape Coast

Abstract

ABSTRACT Education financing has been a major challenge to both government budget and household meagre income. Most research has been on education financing by government and its related issues and limited empirical study on micro level data on household education financing. This study therefore examines the household education financing and the crowding out effect with household education financing on other consumable goods and services. The main dependent variable of the study was household education expenditure. The study used Ghana Living Standard Survey round seven conducted by the Ghana Statistical Service to analyse the determinant of household education expenditure and the crowding out effect of the household educational expenditure on other goods and services. Two econometric approaches used in this study were the Tobit model and the Fractional response model with endogenous regressor. The results from the study on the Tobit model revealed that household size is positive and significant in explaining household education expenditure. Again, it was observed that education expenditure crowds out basic necessities such as clothing and footwear, utility and housing. The study then proposed these recommendations both to the government and the household, following from the empirical test conducted. That is a pragmatic measure should be taken on the household size by way of educating household heads on birth control measures and also Ministry of Education should organize non-formal education to household heads with lower education, since education level of household head influences education positively