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External Return to Education in Poland

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  • Strawinski, Pawel

Abstract

In the article social rate of return to education is considered. As is pointed out in various research papers social return rate exceeds the pure technical rate of return by considerable margin. However, it is hard to calculate adequate figure due to methodological and data problems. The model used in the article is based on a comparative advantage theory. It contains two equations: one for technical and social rate of return to education, second deals with non-random selection for different education regimes. We find that private rate of return is over 7% yearly and therefore is still among the highest in Europe and there exists additional 1.5% social return to higher education.

Suggested Citation

  • Strawinski, Pawel, 2008. "External Return to Education in Poland," MPRA Paper 11598, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:11598
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    References listed on IDEAS

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    Cited by:

    1. Tom Coupe & Hanna Vakhitova, 2011. "Recent Dynamics of Returns to Education in Transition Countries," Discussion Papers 39, Kyiv School of Economics.

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    More about this item

    Keywords

    return to education; private returns; external return;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid

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