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Do Higher Levels Of Schooling Lead To Higher Returns To Education In Nigeria?

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Author Info
Lloyd Ahamefule AMAGHIONYEODIWE ()
Tokunbo Simbowale OSINUBI ()

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Abstract

The study found that completed years of schooling and experience were to large extent important variables that influenced earnings both in terms of parameters’ significance, direction and magnitude. Wage returns to additional years of schooling completed increased as the level of education increases, thus, the higher the level of education the higher the rate of return to the individual. Also, only the post-schooling years for higher education impacted relevantly in terms of direction and magnitude on earnings of the concerned individuals.

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File URL: http://www.usc.es/~economet/journals1/aeid/aeid7114.pdf
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Publisher Info
Article provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.

Volume (Year): 7 (2007)
Issue (Month): 1 ()
Pages:
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Handle: RePEc:eaa:aeinde:v:7:y:2007:i:1_14

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Amaghionyeodiwe, L.A. & Osinubi, T.S., 2006. "The Nigerian Educational Systems and Returns to Education," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 3(1), pages 31-40. [Downloadable!]
  2. Angrist, Joshua D & Krueger, Alan B, 1991. "Does Compulsory School Attendance Affect Schooling and Earnings?," The Quarterly Journal of Economics, MIT Press, vol. 106(4), pages 979-1014, November. [Downloadable!] (restricted)
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  3. Colm Harmon & Ian Walker, 1996. "The marginal and average returns to schooling," IFS Working Papers W96/11, Institute for Fiscal Studies.
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  4. Compton Bourne & Anand Dass, 2003. "Private and Social Rates of Return to Higher Education in Science and Technology in a Caribbean Economy," Education Economics, Taylor and Francis Journals, vol. 11(1), pages 1-10, January. [Downloadable!] (restricted)
  5. Biddle, Jeff E & Hamermesh, Daniel S, 1998. "Beauty, Productivity, and Discrimination: Lawyers' Looks and Lucre," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 172-201, January. [Downloadable!] (restricted)
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  6. James Heckman & Justin L. Tobias & Edward Vytlacil, 2003. "Simple Estimators for Treatment Parameters in a Latent-Variable Framework," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 748-755, 06. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. GUISAN, Maria-Carmen, 2009. "Education, Health And Economic Development: A Survey Of Quantitative Economic Studies, 2001-2009," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 9(1), pages 129-148. [Downloadable!] (restricted)
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This page was last updated on 2009-11-22.

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