Retorno em Escolaridade no Paraná
The Brazilian educational system low quality is considered as an obstacle for its economic growth. One way to overcome such situation is to improve the quality of education which, in turn, depends on the correct identification of the investment priorities on the different levels of education, due to government budgetary restriction. Therefore, the present study main goal is to analyze which one is the most important level of education on income generation and economic growth in Paraná State by means of 2005 PNAD micro data and HECKMAN procedure (1979). To accomplish this objective, the returns of different levels of education were estimated and the conclusion is that the undergraduate level is the one that brings the highest return. However, this does not imply that the other educational levels are not crucial in the policy makers’ decision of educational resources allocation.
|Date of creation:||2008|
|Note:||Creation Date corresponds to the year in which the paper was published on the Department of Economics website. The paper may have been written a small number of months before its publication date.|
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