Social returns to education in a developing country
This paper estimates social returns to education in Turkey. Most evidence on spillovers from human capital comes mostly from developed countries, and estimates vary from country to country. The paper finds that social returns to education are around 3-4%, whereas private returns per year of education amount to 5% in Turkey. Moreover, the findings indicate that workers with lower skills, or working in sectors with lower average wages benefit most from externalities. The results are robust to a series of checks, using a number of individual and regional controls, as well as instrumental variable estimation.
|Date of creation:||2011|
|Date of revision:|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Liu, Zhiqiang, 2007. "The external returns to education: Evidence from Chinese cities," Journal of Urban Economics, Elsevier, vol. 61(3), pages 542-564, May.
- Enrico Moretti, 2002.
"Estimating the Social Return to Higher Education: Evidence From Longitudinal and Repeated Cross-Sectional Data,"
NBER Working Papers
9108, National Bureau of Economic Research, Inc.
- Moretti, Enrico, 2004. "Estimating the social return to higher education: evidence from longitudinal and repeated cross-sectional data," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 175-212.
- Daniel F. Heuermann, 2009.
"Human Capital Externalities in Western Germany,"
IAAEG Discussion Papers until 2011
200903, Institute of Labour Law and Industrial Relations in the European Union (IAAEU).
- Roback, Jennifer, 1982. "Wages, Rents, and the Quality of Life," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1257-78, December.
- Alexander Muravyev, 2008. "Human capital externalities," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 16(3), pages 415-443, 07.
- Kirby, Simon & Riley, Rebecca, 2008.
"The external returns to education: UK evidence using repeated cross-sections,"
Elsevier, vol. 15(4), pages 619-630, August.
- Rebecca Riley & Simon Kirby, 2007. "The external returns to education: UK evidence using repeated cross-sections," NIESR Discussion Papers 291, National Institute of Economic and Social Research.
- Antonio Ciccone & Giovanni Peri, 2003.
"Identifying Human Capital Externalities: Theory with Applications,"
6, Barcelona Graduate School of Economics.
- Antonio Ciccone & Giovanni Peri, 2006. "Identifying Human-Capital Externalities: Theory with Applications," Review of Economic Studies, Oxford University Press, vol. 73(2), pages 381-412.
- Ciccone Antonio & Peri Giovanni, 2007. "Identifying Human Capital Externalities. Theory with Applications," Working Papers 201098, Fundacion BBVA / BBVA Foundation.
- N. Gregory Mankiw & David Romer & David N. Weil, 1990.
"A Contribution to the Empirics of Economic Growth,"
NBER Working Papers
3541, National Bureau of Economic Research, Inc.
- Alberto Dalmazzo & Guido Blasio, 2007. "Social returns to education in Italian local labor markets," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 41(1), pages 51-69, March.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:35124. 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: (Joachim Winter)
If references are entirely missing, you can add them using this form.