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External Returns To Higher Education In Turkey

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  • Ozan Bakis

    ()
    (Department of Economics, Galatasaray University)

  • Nurhan Davutyan
  • Haluk Levent
  • Sezgin Polat

Abstract

This paper studies local human capital externalities and returns to education in Turkey. Data comes from 2006 Household Labor Survey. Instrumental Variables-OLS estimation indicates internal (external) returns amounting to 4.9% (2.4%), while IV estimates using quantile regression range from 3% to 6.9% (1.3% to 3.5%). We discuss further characteristics of the Turkish labor market segmented by gender and show that external returns are uniformly higher for women. Our results also indicate both internal and external returns increase or equivalently the wage distribution spreads out as education increases.

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Bibliographic Info

Paper provided by Economic Research Forum in its series Working Papers with number 517.

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Length: 19 pages
Date of creation: Apr 2010
Date of revision: Apr 2010
Publication status: Published by The Economic Research Forum (ERF)
Handle: RePEc:erg:wpaper:517

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Cited by:
  1. Bakis, Ozan & Polat, Sezgin, 2013. "Wage Inequality in Turkey: 2002-2010," GIAM Working Papers 13-9, Galatasaray University Economic Research Center.

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