IDEAS home Printed from https://ideas.repec.org/a/ejw/journl/v12y2015i3p339-345.html
   My bibliography  Save this article

Education Premiums in Cambodia: Dummy Variables Revisited and Recent Data

Author

Listed:
  • John Humphreys

Abstract

The best peer-reviewed, published estimate of Cambodia’s education premiums currently comes from a paper by Ashish Lall and Chris Sakellariou (2010), but their paper includes an error in the interpretation of dummy variable coefficients. Here I offer corrected estimates of the annualized education premiums for each level of education in Cambodia, and I also offer an extension by applying Lall and Sakellariou’s model to more recent data. The result is that education premiums for Cambodia are generally higher than as published by Lall and Sakellariou, and substantially higher in the case of university education.

Suggested Citation

  • John Humphreys, 2015. "Education Premiums in Cambodia: Dummy Variables Revisited and Recent Data," Econ Journal Watch, Econ Journal Watch, vol. 12(3), pages 339–345-3, September.
  • Handle: RePEc:ejw:journl:v:12:y:2015:i:3:p:339-345
    as

    Download full text from publisher

    File URL: https://econjwatch.org/File+download/884/HumphreysSept2015.pdf?mimetype=pdf
    Download Restriction: no

    File URL: https://econjwatch.org/1001
    Download Restriction: no

    References listed on IDEAS

    as
    1. Lucas, Robert E B, 1977. "Hedonic Wage Equations and Psychic Wages in the Returns to Schooling," American Economic Review, American Economic Association, vol. 67(4), pages 549-558, September.
    2. Halvorsen, Robert & Palmquist, Raymond, 1980. "The Interpretation of Dummy Variables in Semilogarithmic Equations," American Economic Review, American Economic Association, vol. 70(3), pages 474-475, June.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Cambodian Socio-Economic Survey; return on education; semi-logarithmic regression;

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ejw:journl:v:12:y:2015:i:3:p:339-345. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jason Briggeman). General contact details of provider: http://edirc.repec.org/data/edgmuus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.