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Quantile Estimates for Social Returns to Education in Turkey: 2006-2009

Author

Listed:
  • Ozan Bakis

    (TUSIAD-Sabanci University Competitiveness Forum)

  • Nurhan Davutyan

    (Kadir Has University, Dept. of Int’l. Trade and Finance)

  • Haluk Levent

    (Galatasaray University Economic Research Center)

  • Sezgin Polat

    (Galatasaray University Economic Research Center)

Abstract

Augmenting a Mincerian earnings function with regional data we estimate both private and external returns to education in Turkey using Instrumental Variables, Ordinary Least Squares, Quantile Regression and Instrumental Variables Quantile Regression methods. Our results indicate a median external return between 1.5% and 2.3% for 2006-2009. There is some evidence supporting the skill-biased technical change hypothesis. External returns are uniformly higher for women. We point out some policy implications.

Suggested Citation

  • Ozan Bakis & Nurhan Davutyan & Haluk Levent & Sezgin Polat, 2013. "Quantile Estimates for Social Returns to Education in Turkey: 2006-2009," GIAM Working Papers 13-10, Galatasaray University Economic Research Center.
    • Handle: RePEc:ris:giamwp:2013_010
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    Cited by:

    1. Polat, Sezgin, 2016. "Some Economic Consequences of Higher Education Expansion in Turkey," MPRA Paper 72602, University Library of Munich, Germany.
    2. Ayça Akarçay Gürbüz & Sezgin Polat, 2016. "Public--private wage differentials in Turkey: public policy or market dynamics?," International Review of Applied Economics, Taylor & Francis Journals, vol. 30(3), pages 326-356, May.

    More about this item

    Keywords

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    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • I20 - Health, Education, and Welfare - - Education - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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