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Women's returns to education in Mexico: a revisit 30 years after

Author

Listed:
  • Alfonso Miranda

    (Applied Economics Division, Center for Economic Research and Teaching (CIDE), Mexico)

  • Maria Benitez-Banegas

    (Independent consultant, Mexico.)

  • Yahaira Rodriguez-Martinez

    (Applied Economics Division, Center for Economic Research and Teaching (CIDE), Mexico)

Abstract

Correcting for sample selection and endogeneity, we estimate the rate of return to education for women in Aguascalientes, Mexico. Our point estimate of 12.9% is similar to figures reported for Mexico 30 years ago, suggesting that investment in education remains as profitable now as it was three decades ago regardless the increment on average education from 6.5 to 9.6 schooling years that occurred since then.

Suggested Citation

  • Alfonso Miranda & Maria Benitez-Banegas & Yahaira Rodriguez-Martinez, 2025. "Women's returns to education in Mexico: a revisit 30 years after," Economics Bulletin, AccessEcon, vol. 45(1), pages 11-17.
    • Handle: RePEc:ebl:ecbull:eb-24-00166
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    References listed on IDEAS

    as
    1. Raymundo M. Campos-Vazquez & Luis F. Lopez-Calva & Nora Lustig, 2015. "Declining Wages for College-Educated Workers in Mexico: Are Younger or Older Cohorts Hurt the Most?," Working Papers 1522, Tulane University, Department of Economics.
    2. George Psacharopoulos & Harry Anthony Patrinos, 2004. "Returns to investment in education: a further update," Education Economics, Taylor & Francis Journals, vol. 12(2), pages 111-134.
    3. José Luis Montiel Olea & Carolin Pflueger, 2013. "A Robust Test for Weak Instruments," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 31(3), pages 358-369, July.
    4. Teresa Bracho & Andrés Zamudio, 1994. "Los rendimientos económicos de la escolaridad en México, 1989," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(2), pages 345-377, July-Dece.
    5. George Psacharopoulos & Harry Anthony Patrinos, 2018. "Returns to investment in education: a decennial review of the global literature," Education Economics, Taylor & Francis Journals, vol. 26(5), pages 445-458, September.
    6. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    7. Jeffrey M Wooldridge, 2010. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232588, December.
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    More about this item

    Keywords

    women's returns to education; Mexico;

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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