Prague Economic Papers 2024, 33(3):336-356 | DOI: 10.18267/j.pep.860

The Effect of Economic and Social Inequalities on Academic Success in Türkiye: Evidence from the Classical and Bayesian Discrete Choice Models

Muhammet Kutlu ORCID..., Hüseyin Özer ORCID...
Muhammet Kutlu, Bandirma Onyedi Eylul University, Balikesir, Türkiye,
Hüseyin Özer, Atatürk University, Erzurum, Türkiye

The main objective of this study is to determine the effects of economic and social inequalities on academic success and to test whether the cycle of inequality is active through education. This objective is accomplished using classical and Bayesian discrete choice models for the sample obtained from Türkiye. The results reveal that students' economic and social characteristics affect their academic success and that these characteristics are possible sources of inequality in education. According to the findings obtained from models employed in the study, income, private school education, parental education level, region of residence, neediness to work, and the level of happiness with the family were found to have statistically significant effects on student success in getting into the desired university department and university placement ranking. Additionally, the results are compatible with the studies that report that the Bayesian approach yields more stable and appropriate results with smaller standard errors and confidence intervals.

Klíčová slova: economic and social inequality, academic success, discrete choice models, Bayesian econometric approach
JEL classification: C11, C25, D63, I24

Vloženo: 29. listopad 2023; Revidováno: 8. únor 2024; Přijato: 13. únor 2024; Zveřejněno: 28. červen 2024  Zobrazit citaci

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Kutlu, M., & Özer, H. (2024). The Effect of Economic and Social Inequalities on Academic Success in Türkiye: Evidence from the Classical and Bayesian Discrete Choice Models. Prague Economic Papers, 33(3), 336-356. doi: 10.18267/j.pep.860
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