Abstract: Now-a-days to be deemed as a competent worker requires qualifications and additional skills in order to be competitive, especially in this age of globalization. Since, competition is essential and the requirements of labour have now changed, this study aims to examine the determinants of the demand for education among the households in Malaysia by considering parents awareness of the impact of globalization. In this study in addition to the variable of demand for education, another useful variable that is considered is the indicator of educational expenditure which represents globalization. In other words, the indicator of educational expenditure is examined to analyse the expenditure on education in the age of globalization. This study utilizes data from a household survey. The determinants of demand for education include the characteristics of parents or households background such as parents income and educational level of parents and the information of indicators for educational expenditure due to the impact of globalization. Furthermore, the parents awareness of globalization in respect of their childrens education is also investigated. The results of the study show that most variables of parents characteristics are significant with educational expenditure. These include the variables of household income, mothers work status, job category of head of household and educational level of head of household. Remarkably, the variable of parents awareness concerning the impact of globalization is also positive and significantly affects expenditure on education among the households. This study reveals that transformation in the Malaysian educational system has changed the household behaviour of attempting to provide better education for their children, especially to meet the requirement of increased competition in this age of globalization.
Noorasiah Sulaiman, Rahmah Ismail, Norasmah Othman and Poo Bee Tin, 2012. The Determinants of Demand for Education among Households in Malaysia. International Business Management, 6: 558-567.