Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences


Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 37 , 10 November 2023


Open Access | Article

Household Income and Education: An Empirical Research Based on CFPS

Xinyu Liu * 1
1 University of Aberdeen

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 37, 25-30
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Xinyu Liu. Household Income and Education: An Empirical Research Based on CFPS. AEMPS (2023) Vol. 37: 25-30. DOI: 10.54254/2754-1169/37/20231828.

Abstract

In today's fast-paced economy, an increase in income frequently results in improved educational resources. This paper employs an OLS model to examine the relationship between household income and educational attainment. Experiments were conducted with control variables and other steps using data from the 2018 China Family Panel Survey (CFPS), and the results revealed a positive coefficient on the household income variable, providing preliminary evidence that household income has a positive effect on educational attainment, i.e., an increase in household income results in a significant increase in an individual's educational attainment. The purpose of this study is to analyse income and education levels based on individual and household data, to examine the educational base required for future social development, to lay the groundwork for future research, and to suggest that future policies should pay more attention to the distribution of educational resources, as improvements in household conditions can lead to some households falling short of predicted educational levels due to the unequal distribution of educational resources.

Keywords

household income, education, resource equality

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-095-0
ISBN (Online)
978-1-83558-096-7
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/37/20231828
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated