La demanda de educación superior: un análisis microeconómico con datos de corte transversal

Authors

Manuel Salas VelascoSalto de línea Manuel Martín-Cobos PueblaSalto de línea Universidad de Granada.

Abstract

The Determinants of the Demand for Higher Education: A Microeconomic Analysis Combined with Cross-section DataSalto de línea Salto de línea This study focuses on private demand for higher education. The main reason provided by the students polled lies in the possibility of getting major employment opportunities as a result of being awarded a university degree. Thus, due to the high rates of youth unemployment, the opportunity cost of studying at university is nowadays, or has even been in the last few years, considerably lower. This situation, as well as the fact that the direct cost of studying at university in Spain is fairly low, has given rise to a significant increase in the demand for higher education in the last decade of the XX century. Apart from the existing conditions in the labour market, the results of the econometric models considered in this article prove that parents' level of education along with family income may vary; on the other hand, they also seem to have a notorious influence on the quantity (and type) of human capital which is accumulated by young people once they finish Secondary Education.

Keywords

Higher education, college studies choice, future expectations, unemployment, econometric patterns