Private costs and the rate of return to primary education
AbstractThe paper suggests that typical estimates of returns to primary education are over-estimated, because import costs to individuals are excluded. In calculations with Honduran data, private returns are found to drop significantly when private costs are included. It is suggested that lower private rates of return are consistent with low educational attainment in many developing countries.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 6 (1999)
Issue (Month): 11 ()
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- Craigwell, Roland & Lowe, Shane & Bynoe, Danielle, 2012.
"The effectiveness of government expenditure on education and health care in the Caribbean,"
40935, University Library of Munich, Germany.
- Roland Craigwell & Danielle Bynoe & Shane Lowe, 2012. "The effectiveness of government expenditure on education and health care in the Caribbean," International Journal of Development Issues, Emerald Group Publishing, vol. 11(1), pages 4-18, April.
- Momota, Akira, 2009. "A population-macroeconomic growth model for currently developing countries," Journal of Economic Dynamics and Control, Elsevier, vol. 33(2), pages 431-453, February.
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