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Changes in returns to education in India, 1983-94: by gender, age-cohort and location

  • Duraisamy, P.

There is hardly any estimate of the returns to schooling in India based on a national level representative data for the recent period. This paper provides estimates of the returns to education in India by gender, age cohort and location (by rural-urban) for the most recent period 1993/4, and also evaluates the changes in returns over a period of time from 1983-94 using a large national level household survey data. The data show that the returns to education increases up to the secondary level and declines thereafter. There is evidence of substantial gender and rural-urban differences in the returns to schooling. The returns to women's education for the primary and middle levels have declined while those for secondary and college levels have increased during the decade 1983-94.

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Article provided by Elsevier in its journal Economics of Education Review.

Volume (Year): 21 (2002)
Issue (Month): 6 (December)
Pages: 609-622

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Handle: RePEc:eee:ecoedu:v:21:y:2002:i:6:p:609-622
Contact details of provider: Web page: http://www.elsevier.com/locate/econedurev

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  1. Deolalikar, A.B. & Evenson, R.E., 1988. "Technology Production And Technology Purchase In Indian Industry: An Econometric Analysis," Papers 556, Yale - Economic Growth Center.
  2. Mwabu, Germano & Schultz, T Paul, 2000. "Wage Premiums for Education and Location of South African Workers, by Gender and Race," Economic Development and Cultural Change, University of Chicago Press, vol. 48(2), pages 307-34, January.
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  4. Orley Ashenfelter & Colm Harmon & Hessel Oosterbeek, 1999. "A Review of Estimates of the Schooling/Earnings Relationship, with Tests for Publication Bias," Working Papers 804, Princeton University, Department of Economics, Industrial Relations Section..
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  7. Psacharopoulos, George, 1994. "Returns to investment in education: A global update," World Development, Elsevier, vol. 22(9), pages 1325-1343, September.
  8. Dougherty, Christopher R. S. & Jimenez, Emmanuel, 1991. "The specification of earnings functions: Tests and implications," Economics of Education Review, Elsevier, vol. 10(2), pages 85-98, June.
  9. Heckman, James J, 1974. "Shadow Prices, Market Wages, and Labor Supply," Econometrica, Econometric Society, vol. 42(4), pages 679-94, July.
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  12. Duraisamy, P. & Malathy, R., 1990. "Impact Of Public Programs On Fertility And Gender Specific Investment In Human Capital Of Children In Rural India: Cross Sectional And Time Series Analysis," Papers 596, Yale - Economic Growth Center.
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