Household Rates of Return to Education in Rural Bangladesh: Accounting for Direct Costs, Child Labour, and Option Value

Autor/in	Shafiq, M. Najeeb
Titel	Household Rates of Return to Education in Rural Bangladesh: Accounting for Direct Costs, Child Labour, and Option Value
Quelle	In: Education Economics, 15 (2007) 3, S.343-358 (16 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0964-5292
Schlagwörter	Foreign Countries; Costs; Males; Family (Sociological Unit); Educational Attainment; Rural Areas; Child Labor; Income; Economic Factors; Bangladesh + Suchen Sie Ihr Suchwort? Ausland; Cost; Kosten; Male; Männliches Geschlecht; Familie; Bildungsabschluss; Bildungsgut; Rural area; Ländlicher Raum; Child labour; Kinderarbeit; Einkommen; Ökonomischer Faktor; Bangladesch
Abstract	This study estimates the returns to boys' education for rural Bangladeshi households by accounting for some conventionally neglected items: direct costs of education, foregone child labour earnings, and option value. The estimated returns are 13.5% for primary education, 7.8% for junior-secondary education, 12.9% for higher-secondary education, and 9.7% for higher education; the resulting option value from primary education is 5.3%. These results suggest that there is economic rationale for non-poor rural households to invest in boys' education, especially at the primary level. (Contains 1 table, 2 figures and 3 notes.) (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10