Munich Personal RePEc Archive

Social returns to education in a developing country

Filiztekin, Alpay (2011): Social returns to education in a developing country.

[img]
Preview
PDF
MPRA_paper_35124.pdf

Download (136Kb) | Preview

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 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.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.