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Social returns to education in a developing country

Filiztekin, Alpay (2011) Social returns to education in a developing country. [Working Paper / Technical Report] Sabanci University ID:SU_FASS_2011/0007

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Abstract

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 nds 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 benet 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.

Item Type:Working Paper / Technical Report
Uncontrolled Keywords:human capital externalities, returns to education, wages
Subjects:L Education > LB Theory and practice of education > LB2300 Higher Education
L Education > LC Special aspects of education > LC0065-245 Social aspects of education
ID Code:17820
Deposited By:Alpay Filiztekin
Deposited On:06 Jan 2012 14:51
Last Modified:06 Jan 2012 14:51

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