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Endogeneidad y rendimientos de la educación

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Author Info
Fernando Barceinas (Universidad Autónoma Metropolitana)
Abstract

Based on the fact that the non-fulfilment of the exogeneity assumption on education in an earning function produces inconsistent OLS estimates, the object of this article is to show a set of procedures, mainly based on the use of instrumental variables, to estimate the return to education in Mexico considering that schooling is endogenous. The general result is that returns are notably increased, what might be showing the return of specific groups of population with financial restrictions and a higher return with respect to the average return. The data base used were the Household Budget Survey, 1994 and 1996.

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File URL: http://revistas.colmex.mx/revistas/12/art_12_301_1046.pdf
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Article provided by El Colegio de México, Centro de Estudios Económicos in its journal Estudios Económicos.

Volume (Year): 18 (2003)
Issue (Month): 1 ()
Pages: 79-131
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Handle: RePEc:emx:esteco:v:18:y:2003:i:1:p:79-131

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Web page: http://www.colmex.mx/centros/cee/
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  1. Ichino, Andrea & Winter-Ebmer, Rudolf, 1999. "Lower and upper bounds of returns to schooling: An exercise in IV estimation with different instruments," European Economic Review, Elsevier, vol. 43(4-6), pages 889-901, April. [Downloadable!] (restricted)
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  2. Donna K. Ginther, 2000. "Alternative Estimates of the Effect of Schooling on Earnings," The Review of Economics and Statistics, MIT Press, vol. 82(1), pages 103-116, February. [Downloadable!] (restricted)
  3. Kalwij, Adriaan, 2000. "Estimating the Economic Return to Schooling on the Basis of Panel Data," Applied Economics, Taylor and Francis Journals, vol. 32(1), pages 61-71, January. [Downloadable!] (restricted)
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  4. Erik Plug & Wim Vijverberg, 2003. "Schooling, Family Background, and Adoption: Is It Nature or Is It Nurture?," Journal of Political Economy, University of Chicago Press, vol. 111(3), pages 611-641, June. [Downloadable!] (restricted)
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  5. Garen, John, 1984. "The Returns to Schooling: A Selectivity Bias Approach with a Continuous Choice Variable," Econometrica, Econometric Society, vol. 52(5), pages 1199-1218, September. [Downloadable!] (restricted)
  6. Robert Haveman & Barbara Wolfe, 1995. "The Determinants of Children's Attainments: A Review of Methods and Findings," Journal of Economic Literature, American Economic Association, vol. 33(4), pages 1829-1878, December. [Downloadable!] (restricted)
  7. Brunello, Giorgio & Miniaci, Raffaele, 1999. "The economic returns to schooling for Italian men. An evaluation based on instrumental variables1," Labour Economics, Elsevier, vol. 6(4), pages 509-519, November. [Downloadable!] (restricted)
  8. Imbens, Guido W & Angrist, Joshua D, 1994. "Identification and Estimation of Local Average Treatment Effects," Econometrica, Econometric Society, vol. 62(2), pages 467-75, March. [Downloadable!] (restricted)
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  9. Uusitalo, Roope, 1999. "Return to education in Finland," Labour Economics, Elsevier, vol. 6(4), pages 569-580, November. [Downloadable!] (restricted)
  10. Heckman, James J. & Vytlacil, Edward J., 2000. "The relationship between treatment parameters within a latent variable framework," Economics Letters, Elsevier, vol. 66(1), pages 33-39, January. [Downloadable!] (restricted)
  11. Rummery, Sarah & Vella, Francis & Verbeek, Marno, 1999. "Estimating the returns to education for Australian youth via rank-order instrumental variables," Labour Economics, Elsevier, vol. 6(4), pages 491-507, November. [Downloadable!] (restricted)
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