RESEARCH ARTICLES
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Browsing RESEARCH ARTICLES by Subject "Annual"
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Item Analysing household expenditure on education in Ghana: An update(Elsevier, 2023) Addai, IsaacThe study analysed household-level data derived from the latest GLSS VII collected as part of a 2016-2017 national survey in Ghana and focused on examining households' annual expenditure on education. The driving force behind this study was the lack of an empirical analysis of household spending on education using this most recent data. The study results are that an increase in annual household income of 100 cedis per year increases actual household expenditure on education by about 26 cedis. Households in the Savannah Zones in Ghana show positive annual expenditure on education, while the Forest and Accra Zones show negative correlations with education expenditure. The positive education budgets of rural households have the potential to bridge an unequal society, as rural students' access to education leads to greater inequality in the production of specialized human capital in Ghana and this is a significant finding. And policy-makers in Ghana must take pragmatic steps to drastically reduce the 36 percent of households that do not spend on education as a public education policy measure to achieve SDG4.Item Annual Household Budget Share in Formal Education Expenditure Using the Ghana Living Standards Survey Round Six Data: A Micro-Level Statistical Investigation(Elsevier, 2024) Addai, IsaacUsing household-level data from the Ghana Living Standards Survey Round Six, this paper focused on examining factors that determine annual household expenditure on formal education in Ghana, using the annual share of household budget in total education expenditure as the dependent variable. The study established that households in Ghana spend an average of 5.6 percent of their annual income on basic education, and the estimated ordinary least squares (OLS) effect shows that rural households spend 6.7 percent less on education than urban households in Ghana. Policy wise, the central government of Ghana must take measures to ensure that household spending on basic education is reduced more and concerted efforts purposefully upgrading infrastructure and human resources in rural areas to a much level comparable to that in urban areas, and annual rural household education expenditure would also see a tangible increase, ceteris paribus, in Ghana.