Home⇛International Journal on Social Innovation & Research⇛vol. 15 no. 1 (2023)

Philippines, Thailand, And Malaysia: A Comparative Analysis On The Selected Economic Factors On The Primary And Secondary Education Enrollees

Ronald Cabauatan | Marie Antoinette Rosete | Leandro S. Estadilla

Discipline: others in business and management

 

Abstract:

This study examined what factors significantly affect the primary- and secondary-level education incidence in Malaysia, the Philippines, and in Thailand. The ordinary least squares method was used to estimate the relationship between particular macroeconomic indicators, including education expenditure, with time series data from year 1970 to 2016 for each of the three countries. The study shows that GDP growth plays an important role in the primary and secondary education. Results showed the heterogeneity of the three countries in terms of primary education and secondary education enrolment incidence. This only shows that one policy for education is not applicable for these countries. Education policy varies with every country’s profile and generalizing the relationship of the utilized indicators across countries can be counterproductive.



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