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Kosten und Nutzen der Ausbildung an Tertiärbildungsinstitutionen im Vergleich

Author Info

Listed author(s):
  • Regina T. Riphahn
  • Martina Eschelbach
  • Guido Heineck
  • Steffen Müller

Abstract

We compare German institutions of tertiary education (universities and polytechnics) with respect to the cost of and the returns to their educational degrees. Based on cost data from two different sources we find that on average the expenditures of universities are lower than those of polytechnics when we consider expenditures per potential enrollee and per student enrolled during the regular education period. We apply data from the German Socio-economic Panel (2001-2007) to estimate the private returns to tertiary education and find higher returns to university than polytechnic training. These results are robust to a variety of alternative procedures. Copyright 2010 die Autoren Journal compilation 2010, Verein für Socialpolitik und Blackwell Publishing Ltd.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-2516.2010.00330.x
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Article provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.

Volume (Year): 11 (2010)
Issue (Month): 2 (05)
Pages: 103-131

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Handle: RePEc:bla:perwir:v:11:y:2010:i:2:p:103-131
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  1. Lange, Fabian & Topel, Robert, 2006. "The Social Value of Education and Human Capital," Handbook of the Economics of Education, Elsevier.
  2. Michael Gebel & Friedhelm Pfeiffer, 2010. "Educational Expansion and Its Heterogeneous Returns for Wage Workers," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 130(1), pages 19-42.
  3. Bernhard Boockmann & Viktor Steiner, 2006. "Cohort effects and the returns to education in West Germany," Applied Economics, Taylor & Francis Journals, vol. 38(10), pages 1135-1152.
  4. Ammermüller, Andreas & Weber, Andrea Maria, 2005. "Educational Attainment and Returns to Education in Germany: An Analysis by Subject of Degree, Gender and Region," ZEW Discussion Papers 05-17, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  5. Borgloh, Sarah & Kupferschmidt, Frank & Wigger, Berthold U., 2007. "Verteilungseffekte der öffentlichen Finanzierung der Hochschulbildung in Deutschland: Eine Längsschnittbetrachtung auf der Basis des sozioökonomischen Panels," ZEW Discussion Papers 07-022, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  6. Gert G. Wagner & Joachim R. Frick & Jürgen Schupp, 2007. "The German Socio-Economic Panel Study (SOEP) – Scope, Evolution and Enhancements," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 127(1), pages 139-169.
  7. 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.
  8. Weale, Martin, 1992. "The Benefits of Higher Education: A Comparison of Universities and Polytechnics," Oxford Review of Economic Policy, Oxford University Press, vol. 8(2), pages 35-47, Summer.
  9. William R. Johnson & Sarah Turner, 2009. "Faculty without Students: Resource Allocation in Higher Education," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 169-189, Spring.
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Cited by:

  1. Barbara S. Grave & Katja Goerlitz, 2012. "Wage differentials by field of study -- the case of German university graduates," Education Economics, Taylor & Francis Journals, vol. 20(3), pages 284-302, March.
  2. Katja Görlitz & Barbara S. Grave, 2012. "Wage Differentials by Field of Study – The Case of German University Graduates," Ruhr Economic Papers 0316, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  3. Fichtl, Anita & Piopiunik, Marc, 2017. "Absolventen von Fachhochschulen und Universitäten im Vergleich: FuE-Tätigkeiten, Arbeitsmarktergebnisse, Kompetenzen und Mobilität," Studien zum deutschen Innovationssystem 14-2017, Expertenkommission Forschung und Innovation (EFI) - Commission of Experts for Research and Innovation, Berlin.
  4. Kleibrink, Jan & Michaelsen, Maren M., 2012. "Reaching High: Occupational Sorting and Higher Education Wage Inequality in the UK," Ruhr Economic Papers 377, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
  5. Böckerman, Petri & Haapanen, Mika & Jepsen, Christopher, 2015. "Back to School? Labor-Market Returns to Vocational Postsecondary Education," IZA Discussion Papers 9079, Institute for the Study of Labor (IZA).
  6. repec:zbw:rwirep:0377 is not listed on IDEAS
  7. repec:zbw:rwirep:0316 is not listed on IDEAS
  8. Jan Kleibrink & Maren M. Michaelsen, 2012. "Reaching High: Occupational Sorting and Higher Education Wage Inequality in the UK," Ruhr Economic Papers 0377, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.

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