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The Returns on Higher Education: Estimates for the 48 Contiguous States

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  • Stephan J. Goetz
  • Anil Rupasingha

Abstract

Governors of a number of states are seeking to expand the proportion of workers with college degrees so that their economies do not fall behind in the new economy. How- ever, because of pronounced differences in the compositions and levels of development of state economies, returns on higher education are far from equal across the states. We estimate the average return on a college degree in each state in terms of its effect on per capita income, holding constant other factors that also influence levels of per capita income.

Suggested Citation

  • Stephan J. Goetz & Anil Rupasingha, 2003. "The Returns on Higher Education: Estimates for the 48 Contiguous States," Economic Development Quarterly, , vol. 17(4), pages 337-351, November.
  • Handle: RePEc:sae:ecdequ:v:17:y:2003:i:4:p:337-351
    DOI: 10.1177/0891242403256447
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    Cited by:

    1. Goetz, Stephan J. & Rupasingha, Anil, 2004. "The Returns to Education in Rural Areas," The Review of Regional Studies, Southern Regional Science Association, vol. 34(3), pages 245-259.
    2. Mikaela Backman, 2014. "Returns to Education across the Urban-Rural Hierarchy," The Review of Regional Studies, Southern Regional Science Association, vol. 44(1), pages 33-59, Spring.
    3. William M. Bowen & Haifeng Qian, 2017. "State spending for higher education: Does it improve economic performance?," Regional Science Policy & Practice, Wiley Blackwell, vol. 9(1), pages 7-23, March.
    4. Michele Hoyman & Jamie McCall & Laurie Paarlberg & John Brennan, 2016. "Considering the Role of Social Capital for Economic Development Outcomes in U.S. Counties," Economic Development Quarterly, , vol. 30(4), pages 342-357, November.
    5. Suleiman “Sul” Kassicieh, 2010. "The Knowledge Economy and Entrepreneurial Activities in Technology-Based Economic Development," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 1(1), pages 24-47, March.
    6. Robert J. Stimson, 2012. "Endogenous Factors in Regional Performance: A Review of Research in Australia," Chapters, in: Charlie Karlsson & Börje Johansson & Roger R. Stough (ed.), The Regional Economics of Knowledge and Talent, chapter 6, Edward Elgar Publishing.
    7. Leticia Fernández & Cheryl Howard & Jon Amastae, 2007. "Education, race/ethnicity and out-migration from a border city," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 26(1), pages 103-124, February.
    8. Backman, Mikaela, 2013. "Regional Variation of Returns to Education," Working Paper Series in Economics and Institutions of Innovation 300, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    9. Robert J. Stimson, 2014. "Proximity and endogenous regional development," Chapters, in: André Torre & Frédéric Wallet (ed.), Regional Development and Proximity Relations, chapter 1, pages 47-93, Edward Elgar Publishing.

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