TY  - JOUR
T1  - Study of Factors Affecting Private Demand for Higher Education in Iran
AU - Ansari, Abdollah 
JO  - Research Journal of Applied Sciences
VL  - 12
IS  - 7
SP  - 379
EP  - 383
PY  - 2017
DA  - 2001/08/19
SN  - 1815-932x
DO  - rjasci.2017.379.383
UR  - https://makhillpublications.co/view-article.php?doi=rjasci.2017.379.383
KW  - Own-price elasticity of demand for higher education
KW  -income elasticity of demand for higher education
KW  -almost ideal demand system
KW  -panel data
KW  -demand
KW  -income
AB  - Household income and education cost impact on private demand for higher education. This study
is dedicated to a research report in which the income and own-priceelasticities of urban households demand
for higher education are estimated in different income groups for the period 2007-2012 using the almost ideal
demand system, showing higher education is a normal good. Different amount of income elasticities showed
that higher education for households of the seventh to tenth income groups is a necessity good while for other
income groups is a luxury good. The coefficients for the own-price elasticity are negative and consistent with
the demand law. Households demand for higher education in the 1st-6th income groups is elastic (sensitive)
and in the seventh to tenth groups is inelastic. Therefore, it can be expected that if the price of higher education
increases or the household income decreases equal to 1% for the first to sixth income groups their demand for
higher education will reduce more than 1% while the percentage of reduction in households demand belonging
to seventh to tenth income groups will be less than the percentage reduction in their income or increasing the
price of higher education.
ER  -