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Returns to education in Bangladesh

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Author Info

  • M Niaz Asadullah

    (Oxford University)

Abstract

This paper reports labour market returns to education in Bangladesh using data from recent nationwide household survey. Returns are estimated separately for rural and urban samples, males, females and private sector employees. Substantial heterogeneity in returns is observed; e.g. estimates are higher for urban (than rural sample) and female samples (compared to their male counterparts). Our ordinary least square estimates of returns to education are robust to control for types of schools attended by individuals and selection into wage work.

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File URL: http://128.118.178.162/eps/dev/papers/0511/0511020.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Development and Comp Systems with number 0511020.

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Length: 25 pages
Date of creation: 19 Nov 2005
Date of revision:
Handle: RePEc:wpa:wuwpdc:0511020

Note: Type of Document - pdf; pages: 25
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Web page: http://128.118.178.162

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Keywords: Education; labor market participation; sample selection; Bangladesh;

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References

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  1. Lee Benham, 1974. "Benefits of Women's Education within Marriage," NBER Chapters, in: Economics of the Family: Marriage, Children, and Human Capital, pages 375-394 National Bureau of Economic Research, Inc.
  2. Harmon, C & Ian Walker, 1995. "Estimates of the economic return to schooling for the UK," IFS Working Papers W95/12, Institute for Fiscal Studies.
  3. Psacharopoulos, George, 1993. "Returns to investment in education : a global update," Policy Research Working Paper Series 1067, The World Bank.
  4. Geeta Gandhi Kingdon, 1997. "Does the Labour Market Explain Lower Female Schooling in India?," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 01, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
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  6. Behrman, J.R. & Ross, D. & Sabot, R. & Alderman, H., 1995. "The Returns to endogenous Human Capital in Pakistan's Rural Wage Labour Market," Center for Development Economics 141, Department of Economics, Williams College.
  7. Lee Benham, 1974. "Benefits of Women's Education within Marriage," NBER Chapters, in: Marriage, Family, Human Capital, and Fertility, pages 57-75 National Bureau of Economic Research, Inc.
  8. M. Niaz Asadullah, 2005. "The effect of class size on student achievement: evidence from Bangladesh," Applied Economics Letters, Taylor & Francis Journals, vol. 12(4), pages 217-221.
  9. Butcher, Kristin F & Case, Anne, 1994. "The Effect of Sibling Sex Composition on Women's Education and Earnings," The Quarterly Journal of Economics, MIT Press, vol. 109(3), pages 531-63, August.
  10. Trostel, Philip & Walker, Ian & Woolley, Paul, 2002. "Estimates of the economic return to schooling for 28 countries," Labour Economics, Elsevier, vol. 9(1), pages 1-16, February.
  11. Schultz, T. Paul, 1988. "Education investments and returns," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 13, pages 543-630 Elsevier.
  12. Colm Harmon & Hessel Oosterbeek & Ian Walker, 2003. "The Returns to Education: Microeconomics," Journal of Economic Surveys, Wiley Blackwell, vol. 17(2), pages 115-156, 04.
  13. Paul Glewwe, 2002. "Schools and Skills in Developing Countries: Education Policies and Socioeconomic Outcomes," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 436-482, June.
  14. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
  15. François Bourguignon & Martin Fournier & Marc Gurgand, 2002. "Selection Bias Correction Based on the Multinomial Logit Model," Working Papers 2002-04, Centre de Recherche en Economie et Statistique.
  16. Benham, Lee, 1974. "Benefits of Women's Education within Marriage," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages S57-S71, Part II, .
  17. Tayyeb Shabbir, 1994. "Mincerian Earnings Function for Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 33(1), pages 1-18.
  18. Chiswick, Barry R., 1997. "Interpreting the coefficient of schooling in the human capital earnings function," Policy Research Working Paper Series 1790, The World Bank.
  19. Behrman, Jere R & Birdsall, Nancy, 1983. "The Quality of Schooling: Quantity Alone is Misleading," American Economic Review, American Economic Association, vol. 73(5), pages 928-46, December.
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Citations

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Cited by:
  1. Stuart Cameron & UNICEF Innocenti Research Centre, 2012. "The Urban Divide: Poor and middle class children’s experiences of school in Dhaka, Bangladesh," Innocenti Working Papers inwopa672, UNICEF Innocenti Research Centre.
  2. M. N. Asadullah & S. Rahman, 2009. "Farm productivity and efficiency in rural Bangladesh: the role of education revisited," Applied Economics, Taylor & Francis Journals, vol. 41(1), pages 17-33.
  3. Naomi Hossain, 2009. "School Exclusion as Social Exclusion: The Practices And Effects of Conditional Cash Transfer Programme for the Poor in Bangladesh," Working Papers id:2177, eSocialSciences.
  4. Monazza Aslam, 2006. "Rates of Return to Education by Gender in Pakistan," Economics Series Working Papers GPRG-WPS-064, University of Oxford, Department of Economics.
  5. Asadullah, Mohammad Niaz & Chaudhury, Nazmul, 2010. "Religious Schools, Social Values, and Economic Attitudes: Evidence from Bangladesh," World Development, Elsevier, vol. 38(2), pages 205-217, February.
  6. Jesus Crespo Cuaresma & Anna Raggl, 2014. "The dynamics of returns to education in Uganda: National and subnational trends," Department of Economics Working Papers wuwp169, Vienna University of Economics, Department of Economics.
  7. Mohammad Niaz Asadullah, . "Returns to Private and Public Education in Bangladesh and Pakistan: A Comparative Analysis," QEH Working Papers qehwps167, Queen Elizabeth House, University of Oxford.
  8. Aslam, Monazza & Kingdon, Geeta, 2009. "Public-private sector segmentation in the Pakistani labour market," Journal of Asian Economics, Elsevier, vol. 20(1), pages 34-49, January.
  9. M. Niaz Asadullah & Antonio Savoia & Wahiduddin Mahmud, 2013. "Paths to development: is there a Bangladesh surprise?," Brooks World Poverty Institute Working Paper Series 18913, BWPI, The University of Manchester.
  10. Safana, Shaheen & Masood, Sarwar & Muhammad, Waqas & Amir, Aslam, 2012. "Economic Analysis of Earnings in Pakistan: A Case of Sargodha District," MPRA Paper 41923, University Library of Munich, Germany.
  11. Asadullah, Mohammad Niaz, 2006. "Pay differences between teachers and other occupations: Some empirical evidence from Bangladesh," Journal of Asian Economics, Elsevier, vol. 17(6), pages 1044-1065, December.
  12. Kapsos, Steven, 2008. "The gender wage gap in Bangladesh," ILO Working Papers 413417, International Labour Organization.
  13. Maertens, Annemie, 2013. "Social Norms and Aspirations: Age of Marriage and Education in Rural India," World Development, Elsevier, vol. 47(C), pages 1-15.
  14. Mohammad Niaz Asadullah (Reading University), Nazmul Chaudhury (World Bank) and Amit Dar (World Bank), . "Student Achievement Conditioned Upon School Selection: Religious and Secular Secondary School Quality in Bangladesh," QEH Working Papers qehwps140, Queen Elizabeth House, University of Oxford.
  15. Asadullah, Niaz, 2011. "Intergenerational Wealth Mobility in Rural Bangladesh," IZA Discussion Papers 5914, Institute for the Study of Labor (IZA).
  16. Shafiq, M. Najeeb, 2007. "Household schooling and child labor decisions in rural Bangladesh," Journal of Asian Economics, Elsevier, vol. 18(6), pages 946-966, December.

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