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La Tasa de Retorno de la Educación en Presencia de Externalidades Pecuniarias Endógenas

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  • José Ignacio Uribe

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  • Carlos Enrique Castellar Palma
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    Abstract

    Cuando se mide la tasa de retorno de la educación para los segmentos, considerados por el DANE en la ENH, a los cuales un individuo pertenece, la rentabilidad social resulta mucho mayor que la individual. Usando una modelización que reconoce simultáneamente al individuo dentro de un colectivo y los determinantes del nivel agregado, se encuentra que la diferencia obedece a la presencia de externalidades. La prima diferencial en los ingresos que genera la pertenencia a un segmento, depende a su vez de la concentración de capital humano en el mismo. Este resultado contradice anteriores investigaciones que concluyeron que la tasa social de retorno de la educación era inferior a la respectiva tasa privada. Una implicación inmediata es la urgente revisión de las políticas económicas que pretenden trasladar recursos asignados a la Universidad Pública a la Escuela Primaria.

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    File URL: http://socioeconomia.univalle.edu.co/media/ckfinder/files/DOCUMENTO%20DE%20TRABAJO%20CIDSE%20N%C2%B0%2055.pdf
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    Bibliographic Info

    Paper provided by UNIVERSIDAD DEL VALLE - CIDSE in its series DOCUMENTOS DE TRABAJO-CIDSE with number 003089.

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    Length: 18
    Date of creation: 15 Dec 2000
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    Handle: RePEc:col:000149:003089

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    1. Moulton, Brent R., 1986. "Random group effects and the precision of regression estimates," Journal of Econometrics, Elsevier, Elsevier, vol. 32(3), pages 385-397, August.
    2. Rauch James E., 1993. "Productivity Gains from Geographic Concentration of Human Capital: Evidence from the Cities," Journal of Urban Economics, Elsevier, Elsevier, vol. 34(3), pages 380-400, November.
    3. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, Elsevier, vol. 22(1), pages 3-42, July.
    4. Hausman, Jerry A, 1978. "Specification Tests in Econometrics," Econometrica, Econometric Society, Econometric Society, vol. 46(6), pages 1251-71, November.
    5. Baltagi, Badi H., 1985. "Pooling cross-sections with unequal time-series lengths," Economics Letters, Elsevier, Elsevier, vol. 18(2-3), pages 133-136.
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