IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Rentabilidad de la inversión en capital humano en México

  • Mariano Rojas

    (Universidad de las Américas-Puebla. Puebla, Pue. Mexico)

  • Humberto Angulo

    (Universidad Popular Autónoma del Estado de Puebla. Puebla, Pue. Mexico)

  • Irene Velázquez

    (Secretaría de Comercio y Fomento Industrial. México, D.F. Mexico)

This investigation studies the impact on wage income of larger investment levels in human capital in Mexico. Its purpose is to evaluate the economic incentives that an agent has to make a larger investment. Following the theory on human capital, an individual, when deciding whether to continue with higher studies, ponders the expected benefits in terms of getting higher wages against the financial and opportunity costs of taking such action. A cost-benefit analysis reveals the relative attractiveness of the investment in human capital with respect to other investments. Previous studies in Mexico (Carnoy, 1967, and Zamudio and Bracho, 1992, 1993a and 1993b) estimate the income return of different education degrees; however, they do not consider the opportunity and monetary costs of obtaining additional degrees. This investigation estimates the internal rate of return of the investment in human capital incorporating the opportunity cost of pursuing higher education degrees. This cost is measured in terms of the wages not received during the years of study. Thus, the internal rate of return is much lower than the estimates coming studies that follow the original Mincer (1974) methodology. The investigation also works with both conclusive and inconclusive education degrees.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.economiamexicana.cide.edu/num_anteriores/IX-2/01_MARIANO_ROJAS_113-142.pdf
Download Restriction: no

Article provided by in its journal Economia Mexicana NUEVA EPOCA.

Volume (Year): IX (2000)
Issue (Month): 2 (July-December)
Pages: 113-142

as
in new window

Handle: RePEc:emc:ecomex:v:9:y:2000:i:2:p:113-142
Contact details of provider:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:emc:ecomex:v:9:y:2000:i:2:p:113-142. 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: (Ricardo Tiscareño)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.